The Earned Income Tax Credit (EITC)
The Earned Income Tax Credit is an effective way to help working poor families become self-sufficient. It enjoys bipartisan support because it rewards hard work. In combination with child tax credits, it effectively brings a working poor family's income and payroll taxes down to almost zero. In Colorado, the EITC is set at 10 percent of the federal credit, and it is only available in years when there is a TABOR surplus.
2008
2007
Press coverage - Working poor seek state tax credit, but since Colorado links such a benefit to revenue surplus, a proposal for a 5 percent rebate won't be considered, by Elizabeth Aguilera, The Denver Post, April 13, 2007
On DenverPost.com • Printer-friendly PDF
2006
Blueprint Implementation Memo - Cut taxes for our lowest-paid working families by expanding the state Earned Income Tax Credit, Dec. 4, 2006
Blueprint Brief - Expand Colorado's Earned Income Tax Credit, Aug. 22, 2006
2005
Issue brief - The Earned Income Tax Credit helps military families, April 2005
Press release - Tax credit benefiting Colorado military families targeted for cut in U.S. House of Representatives, April 12, 2005
Issue brief - The Earned Income Tax Credit in Colorado: An Overview, February 2005
Commentary - A lifeline for low-income families: Colorado should beef up the EITC, Feb. 20, 2005
Testimony - Concerning the EITC (HB05-1232), to the state House Finance Committee, Feb. 17, 2005
Press release - Bell Policy Center urges state legislature to expand state EITC and make it permanent, Feb. 17, 2005