Benefits of Preserving and Extending Tax Credits for Families in Colorado: A Middle Class Prosperity Project Staff Report Prepared for the State of Wisconsin
Serial Number
Levin Center Identifier
Document Date
2015-12-02
Report Length
11 pages
Policy Agendas Project Major Code
Policy Agendas Project Minor Code
Additional, Minority, Dissenting Views
Found Using Methodology
Yes
Committee(s)
Subcommittee(s)
Commission(s)
Idependent Author(s)
Brief Executive Summary
On behalf of the House Committee on Oversight and Government Reform, Senator Elizabeth Warren and Representative Elijah E. Cummings issued a staff report looking into potential implications if particular tax credits aimed at aiding children and lower-income individuals and families in Wisconsin expire. The report finds that the expiration of these tax credits will severely impact lower-income families and children as well as cause problems in Wisconsin's total economy. The report also looks into the possibility of increasing the tax credits to keep up with inflation.