Beware of expanding the earned income tax credit ...Middle East

In a healthy republic there would be no need to explain, to both Democrats and Republicans, why they should not expand a program that misspends more than a fourth of its money. Yet here we are. Michigan Gov. Gretchen Whitmer last week announced the expansion of the state’s earned income tax credit (EITC) as the top priority of the state’s new Democratic majority. Michigan is one of many states that piggyback on the federal earned income tax credit by offering credits against the state’s personal income tax. The shrewd governor is getting behind a popular bipartisan plan to push the state’s credit from 6 percent to 20 percent. There is just one problem. The federal EITC is a magne

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Beware of expanding the earned income tax credit ...Middle East

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