Child Tax Credit, Work Credit to inject $2.6B into Puerto Rico economy
January 12, 2022
More than 304,000 families could benefit this year from the Child Tax Credit (CTC) and 466,000 families from the Work Credit benefit, which together will benefit their pockets and inject up to $2.6 billion into ...
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Work credit could lift 125K people out of poverty in Puerto Rico
December 2, 2021
An estimated 125,000 people, or 54,920 families or taxpayers, could cross the poverty line in Puerto Rico by adopting the new Earned Income Tax Credit, Economist Daniel Santamaría-Ots, senior public policy analyst at Espacios Abiertos, ...
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Nonprofit proposes new work tax credit for families
December 12, 2014
Aiming to encourage work in the formal economy while neutralizing regressive consumption taxes, the Center for a New Economy recently commissioned the Urban Institute in Washington D.C. to conduct a study that proposes a new ...
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