Budget & Taxes Research Data & Publications
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03/28/08
Marian Wright Edelman's Child Watch® Column: "Let's Not Discard Working Families That Got Subprimed"
"The economic downturn that has rocked our nation over the last few months has been attributed in part to the subprime mortgage crisis. Its impact on our nation’s biggest mortgage lenders, major banks and Wall Street investment houses with holdings and investments in subprime mortgages ..." -
03/26/08
Keeping What They've Earned: Tax Credits for Working Families in California (March 2008)
"Keeping What They’ve Earned: Tax Credits for Working Families in California," from March 2008, reports on how low-income families lose billions each year in Earned Income Tax Credit (EITC) benefits to high-interest, short-term loans, tax preparation fees, and other financial products issued by commercial tax preparers. The report warns low-income families to avoid Refund Anticipation Loans whose high interest rates cause families to forfeit a significant percentage of their refunds in order to receive their money a little earlier. The report provides action items that lifts children out of poverty by helping their working families keep more of the money they've earned. -
03/24/08
Halting the Loss of Billions of Dollars in Earned Income Tax Credit Benefits
"Halting the Loss of Billions of Dollars in Earned Income Tax Credit Benefits," from March 2008, reports on how low-income families lose billions each year in Earned Income Tax Credit (EITC) benefits to high-interest, short-term loans, tax preparation fees, and other financial products issued by commercial tax preparers. The report warns low-income families to avoid Refund Anticipation Loans (RAL) whose high interest rates cause families to forfeit a significant percentage of their refunds in order to receive their money a little earlier. The report provides action items that lifts children out of poverty by helping their working families keep more of the money they've earned. -
03/21/08
Marian Wright Edelman's Child Watch® Column: "Helping Low-Income Taxpayers Get Their Due"
"Great news: Within the thousands of pages of tax law lies a provision called the Earned Income Tax Credit (EITC) that enables many working poor families to climb out of poverty...." -
03/17/08
U.S. Counties with the Highest Percentage of RALs Purchases (Tax Year 2005)
The chart, "U.S. Counties with the Highest Percentage of RALs Purchases (Tax Year 2005)," from "Halting the Loss of Billions of Dollars in Earned Income Tax Credit Benefits" that provides stats on the number of tax returns, number of EITC tax returns, percentage of EITC returns that used paid prerparers, the percentage of returns with a RAL and the dollars lost to tax preparation, RALs and RACs for the U.S. counties with the highest percentage of RAL purchases. -
03/17/08
Total Dollars Lost to Tax Preparation Fees, RALs, RACs in major U.S. Cities (Tax Year 2005)
The chart, "Total Dollars Lost to Tax Preparation Fees, RALs, RACs in major U.S. Cities (Tax Year 2005)," from "Halting the Loss of Billions of Dollars in Earned Income Tax Credit Benefits" that provides stats on the number of tax returns, number of EITC tax returns, percentage of EITC returns that used paid prerparers, the percentage of returns with a RAL and the dollars lost to tax preparation, RALs and RACs for major U.S. cities. -
03/17/08
Total Dollars Lost to Tax Preparation Fees, RALs and RACs in the U.S. (Tax Year 2005)
The chart, "Total Dollars Lost to Tax Preparation Fees, RALs and RACs in the U.S. (Tax Year 2005)," from "Halting the Loss of Billions of Dollars in Earned Income Tax Credit Benefits" that provides state-by-state stats on the number of tax returns, number of EITC tax returns, percentage of EITC returns that used paid prerparers, the percentage of returns with a RAL and the dollars lost to tax preparation, RALs and RACs. -
03/14/08
Marian Wright Edelman's Child Watch® Column: "Where are the Children in President Bush's Budget?"
"When President George W. Bush released his $3.1 trillion Fiscal Year 2009 Federal Budget on February 4, it was a clear statement that he has far less regard for our nation's children than for the richest most powerful Americans and far more interest in waging war than in waging peace...." -
03/01/08
Keeping What They Earned: The High Cost of Tax Preparation and Refund Anticipation Loans
Reports from March 2008 on how low-income families in New York lose billions each year in Earned Income Tax Credit (EITC) benefits to high-interest, short-term loans, tax preparation fees, and other financial products issued by commercial tax preparers. The report warns low-income families to avoid Refund Anticipation Loans whose high interest rates cause families to forfeit a significant percentage of their refunds in order to receive their money a little earlier. The report provides action items that lifts children out of poverty by helping their working families keep more of the money they've earned. -
02/06/08
2008 Federal Poverty Guidelines - 48 States & DC
2008 Federal Poverty Guidelines - 48 States & DC
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