Using Treasury’s tax model, with an updated race and Hispanic ethnicity (RH) imputation, we find that Hispanic and Black families are not more likely than White families to benefit from the EITC or CT
New Markets Tax Credit (NMTC) Public Data Release FY 2003 to FY 2017 Summary Report November 2019 COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND www.cdfifund.go • The New Market
California has the highest Earned Income Tax (EITC) supplement to the federal EITC, with an 85% supplement rate. However, we find that despite the apparent generosity of the California EITC, there is