Benefits of Preserving and Extending Tax Credits for Families in Colorado: A Middle Class Prosperity Project Staff Report Prepared for the State of Wisconsin
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Policy Agendas Project Minor Code
Additional, Minority, Dissenting Views
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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.