The Senior Director of Federal Tax Policy at the Center on Budget and Policy Priorities, Chuck Marr, is praising President Joe Biden’s proposed expansion of the Earned Income Tax Credit (EITC). This expansion would address the persistent EITC gap facing workers age 19-25, who under current EITC law, are only eligible to claim the EITC if they have a child at home. The proposal would benefit 17.4 million young workers, including concentrations of Latinx and Black workers. Marr notes that these workers are disproportionately low earning: the three occupations with the greatest number of newly eligible workers are cashiers, cooks, and retail salespersons, all industries that have been newly recognized as essential in the pandemic. #workforce
Biden proposes EITC expansion to young childless workers
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