Press Releases - CalEITC4Me

Press Releases

February 23, 2024
February 8, 2021
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CalEITC4Me

The 15th Annual EITC Awareness Day is just around the corner, and it promises to be a unique and exciting event. This special occasion is dedicated to raising awareness about the Earned Income Tax Credit (EITC) and its benefits for eligible taxpayers. Mark your calendars for this significant day, as it provides a great opportunity to learn more about the EITC and how it can make a positive impact on people's lives. With various informative workshops, interactive sessions, and expert panels, participants will gain valuable insights into the EITC and its role in alleviating poverty and promoting financial stability. The event's organizers have also curated an impressive lineup of guest speakers, including renowned economists, tax professionals, and government officials. These experts will share their knowledge, experiences, and success stories related to the EITC, inspiring attendees with their valuable perspectives. One of the highlights of the 15th Annual EITC Awareness Day is the recognition of outstanding individuals and organizations that have made significant contributions to promoting EITC awareness and assisting eligible taxpayers. This recognition not only honors their efforts but also serves as a catalyst for further positive change. In addition to the enriching educational opportunities, the event will also feature entertainment and networking sessions, creating a vibrant and dynamic atmosphere for all participants. So, don't miss out on this extraordinary event! Whether you are a taxpayer, advocate, policymaker, or simply interested in learning more about the EITC, the 15th Annual EITC Awareness Day is the perfect platform to engage, educate, and empower yourself to make a difference in the lives of individuals and families.

September 18, 2020
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CalEITC4Me

Official Announcement: Enhancing Access to California Earned Income Tax Credit for a Wider Range of Immigrant Employees Attn: All Californian residents, we are excited to share some remarkable news regarding an expansion of the California Earned Income Tax Credit (CalEITC) program. This initiative aims to broaden the eligibility criteria, making it accessible to a larger group of hardworking immigrant individuals. The implementation of this comprehensive plan will significantly impact the lives of countless immigrant workers, ensuring they can benefit from the economic relief provided by CalEITC. As part of our commitment to inclusivity and fairness, we recognize the valuable contribution of immigrants to California's economy and society. The Californian government, in collaboration with relevant authorities, has diligently studied and analyzed the potential benefits of expanding the eligibility criteria for the CalEITC program. Upon careful consideration and expert consultation, we have concluded that embracing a more inclusive approach will not only enhance the financial well-being of immigrant workers but also stimulate economic growth within the state. Our foremost objective is to promote equity and address the financial challenges that have affected many immigrant individuals. By broadening the CalEITC eligibility requirements, we aim to provide a lifeline to those who deserve support, empowering them to achieve greater economic stability and participate more actively in our vibrant communities. Advocates of this expansion assert that it will have a far-reaching positive impact. Improved economic conditions for immigrant workers lead to increased spending power, resulting in a boost for local businesses and the state's overall prosperity. As the policy comes into effect, we are committed to ensuring a streamlined and smooth process for both applicants and administrators. Comprehensive information, necessary forms, and guidance will be made readily available to assist individuals and their families in understanding and accessing the benefits of the expanded CalEITC program. We believe that this significant step toward inclusivity and recognition of immigrant workers' contributions will enhance social cohesion, promote economic growth, and solidify California's position as a region that values and supports all its residents. Together, we can create a more equitable and prosperous society. Join us in celebrating this historic milestone in our ongoing commitment to a brighter future for all.

June 24, 2020
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CalEITC4Me

Statement from GSO President Amy Everitt on California Budget Agreement Extending CalEITC to Immigrant Families with Young Children GSO President Amy Everitt expresses her support and satisfaction regarding the California budget deal, which includes an extension of the California Earned Income Tax Credit (CalEITC) to immigrant families with young children. This significant development is a meaningful step towards advancing financial support and equity for immigrant families in California. Everitt emphasizes the importance of this expansion, as it will positively impact countless immigrant families who contribute to the state's economy and communities. By extending the benefits of the CalEITC program, the budget deal recognizes the valuable contributions of immigrant families and works towards creating a more inclusive and just society. This extension of the CalEITC program is not only a compassionate decision but also an intelligent financial investment. The CalEITC has proven to be an effective tool in reducing poverty and stimulating economic growth for low-income families across the state. Expanding the program to include immigrant families with young children will further strengthen California's economy and promote a more equitable distribution of resources. This budget agreement represents a significant win for immigrant families and underscores the commitment of California to prioritize inclusivity and equity. As GSO President, Everitt commends the efforts of policymakers and advocates who have worked tirelessly to make this extension a reality, and she looks forward to continued progress in supporting and uplifting immigrant families in the state.

June 5, 2020
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CalEITC4Me

New Study Confirms EITC's Role as Effective Driver of Economic Growth A recent analysis has solidified the position of the Earned Income Tax Credit (EITC) as a verified and successful strategy for stimulating economic activity. This comprehensive examination provides further evidence of the positive impact that the EITC has on both individual households and the overall economy. The study, conducted by a team of renowned economists, delved into the long-established EITC program and its effects on workforce participation, income distribution, and poverty reduction. The findings overwhelmingly support the notion that the EITC plays a pivotal role in bolstering economic growth and social welfare. As demonstrated by the report's meticulous analysis, the EITC encourages labor force engagement by providing financial incentives to low-income individuals, making work more rewarding and worthwhile. By doing so, it not only increases employment rates but also boosts income levels for eligible workers and their families. In addition to the direct advantages it offers, the EITC also contributes to a more equitable distribution of wealth. This is achieved by specifically targeting those with limited income, thereby helping to reduce income inequality and alleviate poverty. The study's data vindicates the efficacy of this approach and reinforces the importance of continued investment in such policies. Furthermore, the analysis highlights the broader economic benefits generated by the EITC. By putting more money in the hands of low-income households, it stimulates consumer spending and boosts local businesses, leading to a positive ripple effect throughout the economy. This amplification of economic activity further demonstrates the EITC's capacity to serve as a proven economic stimulus. The findings of this comprehensive analysis provide a compelling argument for the ongoing support and expansion of the Earned Income Tax Credit program. In light of its proven efficacy, initiatives that enhance the EITC's reach and impact are crucial to promote economic growth, reduce poverty, and foster a more prosperous society.