Dems Try Again For Tax Relief Plan
by Melissa Bailey | April 3, 2008 7:44 AM
Posted to State Capitol

New Haven’s Sen. Martin Looney, a long-time rallier for a state tax credit for the working poor, took hope in a vote that may bring cities an economic stimulus plan.
Looney has been rallying for a state version of the federal Earned Income Tax Credit for over six years. The federal program, a tax refund for the working poor, has been touted by politicians red and blue, including Ronald Reagan, as the single most effective anti-poverty initiative. Formed in 1975 as a way to get the poor off the public dime and into the workforce, the federal program offers up to a $4,700 tax refund for people who pay income and payroll tax.
Click here to continue reading Melissa’s report.


Comments (1)
Posted by: Headless Horseman | April 7, 2008 1:50 PM
Clap your hands if the Democratic Supermajority has lowered your taxes in the last two years!
(Crickets chirp)