State EITC Could Give Boost to 800K Low-income Families Across California
California’s Franchise Tax Board (FTB) is expecting about 825,000 low-income working taxpayers to qualify for an average refundable credit of $460 through the state’s new Earned Income Tax Credit (EITC). As of last month, 26 states and the District of Columbia have established their own EITC’s as a supplement to the federal poverty-reduction measure; more [...]