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Similar a Hirasuna Presentation On Earned Income Credits Use By Durrent And Former Welfare Recipients
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Hirasuna Presentation On Earned Income Credits Use By Durrent And Former Welfare Recipients
- 1. Minnesota’s Earned Income Credit Program Utilization by Current and Former Welfare Households and the Impact of Policy Parameters
- 8. Why It Matters (c) $1,500-$2,000; Provides Incentive to Work; MN May Address Cliff In Income
- 10. Why It Matters (c) State EICs Are On The Map Source: Center for Budget And Policy Priorities
- 11. Why It Matters Increasing Number of States With EICs Colorado’s EIC was suspended in 2002-2005 and in 2005, by ballot the State was authorized capture tax revenue above the Tabor Limit.
- 13. Background To MN’s EIC 5 Segments
- 16. Receipt Versus Participation 37.7% Receive, 64.6% Participate
- 17. Timing & Characteristics of Receipt or WGO? Percentages Are Not Uniformly Low: Instead, Rise With Earnings
- 18. Timing & Characteristics of Receipt or WGO? Most Eventually Take-Up the EIC
- 21. Regression Model
- 22. Regression Results Parent’s Response to Parameters ? / / ? Phase-Out Rate ? / / ? Floor to Phase-Out ? / / ? 2 nd Tier Max. Credit ? / ? ? / 2 nd Tier Phase-In Rate ? / / ? Earnings Floor to 2 nd Tier ? / / ? 1 st Tier Max. Credit / ? / ? 1 st Tier Phase-In Rate / / Maximum Credit Only TAKE-UP RECEIPT VARIABLE
- 23. Regression Results Addendum Out Migration May Affect Rates North Dakota South Dakota ? Iowa ? Wisconsin ? Canada TAKE-UP RECEIPT VARIABLE Interacted With Year Since Last on Welfare
- 24. Regression Results Addendum Who More Likely Receives Or Participates Statewide Unemployment Percentage Age of Household Head Did Not Graduate HS Native American Hispanic African American Asian American TAKE-UP RECEIPT VARIABLE