Expansions of the Earned Income Tax Credit and Child Tax Credit in New Hampshire
The Earned Income Tax Credit (EITC), established in 1975, provides assistance to working individuals and families with low incomes. In 1997, the Child Tax Credit (CTC) was enacted to provide additional assistance to families with children. These programs provided significant financial relief to individuals and families, in the form of refundable and non-refundable tax credits, ...