The Earned Income Tax Credit (EITC) is a short-term investment that can make a significant and lasting difference in the lives of working families by allowing them to keep more of their paycheck.
It has been proven that EITC beneficiaries work more, earn more, and are less likely to need to rely on welfare. Increasing Rhode Island’s refundable Earned Income Tax Credit to 20 percent would put hundreds of additional dollars back in the pockets of working families, improving their ability to meet their basic needs.
Increasing the Earned Income Tax Credit
Representative Slater H5791 / Senator Goldin S204
Improving a Common Sense Tax Credit for Working Rhode Islanders (March 2017)