skip to main content
skip to newscasts

Saturday, July 27, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Arson attacks paralyze French high-speed rail network hours before start of Olympics, the Obamas endorse Harris for President; A NY county creates facial recognition, privacy protections; Art breathes new life into pollution-ravaged MI community; 34 Years of the ADA.

view newscast page
play newscast audioPlay

Harris meets with Israeli PM Netanyahu and calls for a ceasefire. MI Rep. Rashida Tlaib faces backlash for a protest during Netanyahu's speech. And VA Sen. Mark Warner advocates for student debt relief.

view newscast page
play newscast audioPlay

There's a gap between how rural and urban folks feel about the economy, Colorado's 'Rural is Rad' aims to connect outdoor businesses, more than a dozen of Maine's infrastructure sites face repeated flooding, and chocolate chip cookies rock August.

NY bill establishes tax credit to help struggling families

play audio
Play

Monday, January 22, 2024   

A proposed bill would help New York families struggling with the high cost of living.

The Working Families Tax Credit bill combines the Empire State Child Credit, the Earned Income Tax Credit and the dependent exemption into a single tax credit. A University of Washington report finds almost two of five households in New York cannot afford basic needs.

Liza Schwartzwald, director of economic justice and family empowerment for the New York Immigration Coalition, pointed out the tax credits are not effective in their current form.

"The Earned Income Tax Credit and the Child Tax Credit have a very, very harmful phase-in," Schwartzwald explained. "Which means that if you make very little money, if you're one of our poorest families, you actually get very little to nothing from those credits."

The bill was previously brought before the Legislature with no success, but Schwartzwald noted elected officials have learned the effects the bill can have. Now, she wants to garner support for the bill to pass this year. Some changes made since the bill was first introduced include a five-year implementation plan and adding a dependent exemption since it lowers the overall bill's cost.

Congress is taking up legislation to expand the Child Tax Credit once again. Although it will not be as big as it was during the pandemic, it could still lift families out of poverty.

Schwartzwald argued the Working Families Tax Credit and the expanded Child Tax Credit would greatly benefit New York families.

"If you're a single parent and you're able to receive both the federal expanded tax credit, however that might look, and a bigger, better Working Families Tax Credit, those are your bills that are being paid," Schwartzwald emphasized. "You can spend a little time with your kid at night instead of working three minimum-wage jobs."

She added parents should be trusted to know what their kids need. The Center on Budget and Policy Priorities estimated Congress' proposed Child Tax Credit expansion would lift around 400,000 children out of poverty. An additional 3 million children would be less poor in the credit's first year.


get more stories like this via email

more stories
According to the Tax Policy Center, for higher-income earners, sales taxes consume a lower share of their income than for other households. (Vitalii Vodolazskyi/Adobe Stock)

Social Issues

play sound

As Nebraska state lawmakers convene for a special session on property tax reform called by Gov. Jim Pillen, groups are weighing in on the details …


play sound

Traveling around rural Minnesota can be difficult but in more than half the state, nonprofit transit systems are helping people get where they need …

Social Issues

play sound

Student loan forgiveness took center stage on Thursday at the American Federation of Teachers conference. The Biden administration has canceled more …


Sen. Elizabeth Warren, D-Mass., has introduced legislation to codify the Chevron Deference into law. (Adobe Stock)

Social Issues

play sound

Recent Supreme Court rulings on air pollution are affecting Virginia and the nation. Climate advocates said the court overstepped its bounds in …

Health and Wellness

play sound

World Hepatitis Day is this Sunday, and for the Oregon Health Authority, it's an opportunity to promote its plan to eliminate hepatitis across the …

The Gender Shades project revealed facial recognition performed poorest for darker-skinned women, and performed best for lighter-skinned men. (Adobe Stock)

Social Issues

play sound

Columbia County, New York, is implementing new facial recognition and privacy policies, following new upgrades to the county's surveillance cameras…

Health and Wellness

play sound

New York disability-rights advocates are celebrating the 34th anniversary of the passage of the Americans with Disabilities Act. The 1990 …

Social Issues

play sound

As summer winds down and North Carolina students prepare to return to school, the focus shifts to the urgent need for better public education funding…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021