The Budget & Policy Center is releasing a new policy brief today on the Working Families Tax Rebate. The paper details the need for revenue increases to address the state's historic budget deficit and the importance of implementing the Working Families Tax Rebate.
The Working Families Tax Rebate is an effective tool the state can use as part of a strategy for economic and fiscal recovery. It builds on the highly successful federal Earned Income Tax Credit, which lifts millions of people out of poverty nationwide each year. Washington lawmakers should consider raising revenue to avoid deep budget cuts that will harm the state and use the Working Families Tax Rebate to offset the disproportionate impact a regressive tax increase would have on lower income families.
To read the full report, please click here.