The Budget Center hosted a special briefing event on the California Earned Income Tax Credit (CalEITC), a refundable state tax credit modeled after the federal EITC that helps people who earn little from their jobs afford basic necessities. As part of our Policy Perspectives Speakers Series, this event discussed Governor Gavin Newsom’s plans in the 2019-20 state budget proposal to significantly expand the CalEITC.
You may also be interested in the following resources:
Poverty Rapidly Increased for California’s Youngest ChildrenYoung children in California faced a significant increase in poverty between 2021 and 2022, reversing the historic drop in child poverty from 2019-2021.Poverty & Inequality
California’s Top 1% Grew Richer During the PandemicIncome inequality in California widened during the COVID-19 pandemic, with the richest 1% taking home a record share of statewide income.Poverty & Inequality
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