© 2024 Ideastream Public Media

1375 Euclid Avenue, Cleveland, Ohio 44115
(216) 916-6100 | (877) 399-3307

WKSU is a public media service licensed to Kent State University and operated by Ideastream Public Media.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
News
To contact us with news tips, story ideas or other related information, e-mail newsstaff@ideastream.org.

Sherrod Brown Wants Earned Income Tax Credit Expansion

The EITC was put in place in the 70s, and studies show it works well to alleviate poverty. Basically it gives money back to workers whose incomes put them below the poverty line after taxes. People with children are eligible for the biggest refunds. Sherrod Brown wants to expand the tax credit to give more to workers without kids, too.

BROWN: "How do we in this economy when the 1 percent do better and better and better, how do we cut corporate taxes but not do anything for people who are working hard, and simply want a chance to get ahead?"

But agreement on the details might be hard to find: Republicans in the house have called for cuts to corporate tax rates and across-the-board cuts for individuals. And President Obama tonight is expected to push for closing tax loopholes for the wealthy, higher capital gains taxes, and a $500 credit for families with two working parents.

Tony Ganzer has reported from Phoenix to Cairo, and was the host of 90.3's "All Things Considered." He was previously a correspondent with the Swiss Broadcasting Corporation, covering issues like Swiss banks, Parliament, and refugees. He earned an M.A. in International Relations (University of Leicester); and a B.Sc. in Journalism (University of Idaho.) He speaks German, and a bit of French.