North Carolina's Earned Income Tax Credit (EITC) is a modest but critical support for working families struggling to get by on low wages, make ends meet, and provide basic necessities for their children. This credit is a small investment that is available only to people who work and is considered to be one of the state's most powerful anti-poverty tools, especially for children. The EITC serves to offset the disproportionate share of income low-wage workers pay in total state and local taxes—not just income taxes—compared to the rich. It benefits nearly 907,000 low-paid workers in every county in 2011.
The state EITC is set to expire in December 2013. The EITC truly makes a positive difference in the lives of working families with children. Now is precisely the wrong time to take away this support for low-paid workers.