Danny Davis said "as we approach April 15, the deadline for filing income tax, I have introduced a bill, H.R. 3742, legislation to expand the earned income tax credit for childless workers. This bill would significantly strengthen the credit's ability to reward and encourage work for millions of low-income people. H.R. 3742 would improve the EITC for childless workers in two important respects. First, it would double the credit percentage to 15.3 percent and extend it to apply to the first $7,000 in wages that a worker earns. This would provide workers with new relief from the substantial payroll tax burden they currently bear. While we await enactment, I would also encourage low-income people to make sure they file for their earned income tax credit." @ PoliticalQuotes.com

On the recordApril 10, 2002

as we approach April 15, the deadline for filing income tax, I have introduced a bill, H.R. 3742, legislation to expand the earned income tax credit for childless workers. This bill would significantly strengthen the credit's ability to reward and encourage work for millions of low-income people. H.R. 3742 would improve the EITC for childless workers in two important respects. First, it would double the credit percentage to 15.3 percent and extend it to apply to the first $7,000 in wages that a worker earns. This would provide workers with new relief from the substantial payroll tax burden they currently bear. While we await enactment, I would also encourage low-income people to make sure they file for their earned income tax credit.

Said by

Danny Davis

Democratic · Illinois

Source

govinfo.gov

Editor's note · Context

Introducing a bill to expand the earned income tax credit for childless workers.

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