Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co, in his latest Letter to Shareholders calls for a big expansion of the federal Earned Income Tax Credit. He writes: The gap between skilled and…
Michigan was one of the most prosperous places on the planet in 1979. Its per capita income three percent above the national average. No more! In 2022 Michigan's per capita income was 13 percent below the nation's. The worst Michigan…
This post is a correction and update of a post originally published in April 2022. Important new report from United for ALICE entitled ALICE in focus: Children in financial hardship. United for ALICE found that nearly one million (946,119) children…
Terrific news from Lansing. Starting with the 2022 tax year the state match for the federal Earned Income Tax Credit is now 30 percent up from six percent. A historic win for Michigan’s working families and Michigan employers. Michigan goes…
One more important step to go to complete the historic expansion of the state's Earned Income Tax Credit. Starting with the 2022 tax year the state match for the federal credit is now 30 percent up from six percent. A…
A year and half ago the Michigan Future Board proposed that the state expand its Earned Income Tax Credit tenfold. Going from a 6 percent match of the federal credit to 60 percent. This is at a time, when despite…
Now is the time to expand Michigan's EITC (Earned Income Tax Credit). Michigan's low-wage workers need help paying the bills now. Michigan employers having trouble finding enough workers to operate and expand their enterprises also need help now. Immediate expansion…
Below is the text of a letter to the Governor, Senate Majority Leader and Speaker of the House sent by Tom Hickson, Vice President of Public Policy and Advocacy Michigan Catholic Conference; Andrew T. Johnston Senior Vice President, Advocacy &…
To us the data are clear: Michigan has a two-tier economy. This two-tier economy is prevalent across all of Michigan and across all races and ethnicities. And it predates the pandemic, as evidenced by the Michigan Association of United Ways…
Small Business Association of Michigan (SBAM) President and CEO Brian Calley in an interview with the Michigan Association of United Ways made the case for why a big expansion of the state's Earned Income Tax Credit (EITC) is good for…