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Page 1: Iowa Fiscal Partnership SNAPSHOT: Earned Income Tax CreditIowa Fiscal Partnership SNAPSHOT: Earned Income Tax Credit Why the EITC matters to Iowa working families Even with the Earned

Iowa Fiscal Partnership SNAPSHOT: Earned Income Tax Credit

WhytheEITCmatterstoIowaworkingfamiliesEvenwiththeEarnedIncomeTaxCredit,Iowa’staxsystemisskewedagainstlower-incometaxpayers.Theregressiveimpactofpropertyandsalestaxescauseslow-incomeearnerstopayagreatershareoftheirmeagerincomeintax.ThesesamefamiliesbenefitfromIowa’sEITC.WhobenefitsfromtheEITCBycounty,countiesshadedingreenarebelowthestateaverage;countiesshadedinyellowareabovethestateaverage,basedonpercentageofIowaincometaxreturnsclaimingtheEITC.

Page 2: Iowa Fiscal Partnership SNAPSHOT: Earned Income Tax CreditIowa Fiscal Partnership SNAPSHOT: Earned Income Tax Credit Why the EITC matters to Iowa working families Even with the Earned

EITC filers by Iowa legislative district, 2013 (latest available from IRS)

Source: Brookings Institution analysis of IRS data.


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