Explaining the EITC in 74 Seconds:
EITC Income for Children Living in Poverty Linked to More Work Hours and Higher Earnings Later in Life
For each $3,000 a year in added EITC credits that children in a working-low income family receives before age 6...
...their working hours increase by 135 hours a year between the ages of 25 and 37, and their annual earnings increase by 17%.
- Over 107,000 families have received free tax help since 2005.
- The Coalition returns $30 to the local economy for every $1 spent on program costs.
- In 2016, the Cuyahoga EITC Coalition completed 15,684 federal tax returns.
- Refunds totaling over $25.3 million were put back into the pockets of low and moderate income families and spent in the local economy.