Hpa 430 - Policy Plan v3

HPA 430 Policy Plan December 12, 2013 Catherine Jefcoat, MBA/MPH Candidate 14
Better Bootstraps Lifting Children Out of Poverty
Problem
Low income working families cant get a leg up because:
Early Head Start support tapers off too soon for working families The Earned Income Tax Credit (EITC) is not able to support enough Americans seeking to improve their families futures
Solution
Increase childrens stability during the early years THROUGH Expanding Illinois Earned Income Tax Credit to working Americans
Childcare Facts
More than 1.1 million children are in Early Head Start. To qualify for Early Head Start, a family must make less than $30,000 a year if they have 2 children.
Childcare Facts
Childcare is the first thing that parents spend their money on when they receive an extra amount of money.
Earned Income Tax Credit

The EITC, a federal tax credit for low- and moderate-income working families and individuals, is designed to encourage and reward work as well as to offset federal payroll and income taxes. To claim the credit, a taxpayer must have earnings from a job. The value of the credit increases as earnings rise. Families with earnings up to $37,263 qualify Average Illinois recipient: $3,200 annually

Promotes civic behavior through annual tax filing Encourages families to work and take promotions Improves financial stability for children Increases birth weight of babies Decreases smoking among mothers Leads to children doing better in school More likely to attend college Increases lifetime earnings
Tax Code Change

The Better Bootstraps campaign asks for:
a 1% income tax increase on the existing tax code to the top 1% of Americans. A 1% increase in the number of working Americans benefiting for the EITC.
No new paperwork or programs
Policy Paramours
Representative Aaron Schock (R-IL) Member, The Ways and Means Committee Member, Subcommittee on Select Revenue Measures Conservative but has record of sponsoring bills that respond to his mainly poor and working class community in Peoria
Representative Tom Price (R-GA) Member, The Ways and Means Committee Member, The Education and Workforce Committee Conservative but supports early childhood education efforts in the House
Representative Danny K Davis (D-IL) Member, The Ways and Means Committee Advocate for early childhood education efforts in the House
Representative George Miller (D-CA) Member, The Education and Workforce Committee Sponsor of The Strong Start for Americas Children Act of 2013
Stakeholders: Non-Governmental
Child Advocates:
Voices for Illinois Children Action for Children Ounce of Prevention Fund Uhlich Childrens Advantage Network
Womens Advocates:
Chicago Foundation for Women Women Employed YWCA Metropolitan Chicago
Tax Reform/Poverty Advocates:

Center for Economic Progress Sargent Shriver National Center on Poverty Law Center for Tax and Budget Accountability
Labor:
AFL-CIO SEIU
Philanthropy:
Buffet Early Childhood Fund Pritzker Family Foundation
Stakeholders: Government
Illinois Department of Human Services Illinois Department of Revenue Illinois Department of Labor Illinois Labor Relations Board Illinois Department of Employment Security DOE - Early Head Start US HHS CFS Illinois Head Start Association Governors Office of Early Childhood Development Illinois Department of Children and Family Services Illinois State Board of Education
Thank you.
References
IRS. http://www.eitc.irs.gov/central/abouteitc/ Heckman, James J. The Economics of Inequality: The Value of Early Childhood Education. American Educator. Spring 2011. http://www.aft.org/pdfs/americaneducator/spring2011/Heckman.pdf Strully KW, Rehkopf DH, Xuan Z. Effects of Prenatal Poverty on Infant Health:State Earned Income Tax Credits and Birth Weight. Am Sociol Rev. 2010 Aug 11;75(4):534-562. DiLauro, E., Rosman, E. Building the Foundation for Infants, Toddlers, and Their Families. Issue Brief. Zero to Three Policy Center. October 2012. Khan, M. Womens Economic Security in Illinois: The Impact of the Recession on Single Mothers. Budget & Tax Policy Initiative. Special Report. Voices for Illinois Children. September 2011. Illinois Action for Children. Choices in the Real World: The use of family, friend and neighbor child care by single Chicago mothers working nontraditional schedules. Report. 2012. Maag, E., Carasso, A. What is the Earned Income Tax Credit? Tax Policy Center. January 12, 2013. Marr, C., Charite, J., Huang, C. Earned Income Tax Credit Promotes Work, Encourages Childrens Success at School, Research Finds. Center on Budget and Policy Priorities. April 9, 2013. http://www.taxpolicycenter.org/briefing-book/key-elements/family/eitc.cfm

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HPA 430 Policy Plan December 12, 2013 Catherine Jefcoat, MBA/MPH Candidate 14

Better Bootstraps Lifting Children Out of Poverty

Earned Income Tax Credit

Earned Income Tax Credit

Earned Income Tax Credit

Tax Code Change

No new paperwork or programs

Tax Reform/Poverty Advocates:

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