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HomeMy WebLinkAboutResolutions - 2011.02.09 - 10517MISCELLANEOUS RESOLUTION # 11030 BY: Commissioners David Woodward, District #18 IN RE: BOARD OF COMMISSIONERS — RESOLUTION SUPPORTING THE PRESERVATION AND PROTECTION THE MICHIGAN EARNED INCOME TAX CREDIT To the Oakland County Board of Commissioners Chairperson, Ladies and Gentlemen: WHEREAS the federal Earned Income Tax Credit (EITC) is a refundable tax credit for low to moderate income workers. For tax year 2010, the maximum federal EITC for a person or couple without qualifying children is $457, with one qualifying child is $3,050, with two qualifying children is $5,036, and with three or more qualifying children is $5,666; and WHEREAS the EITC was cited by President Ronald Reagan as "the the best anti-poverty bill, the best pro-family measure, and the best job creation program ever to come out of the Congress of the United States; and WHEREAS Michigan adopted a state Earned Income Tax Credit for the 2009 tax year which provides a credit equivalent to 20% of the federal EITC but is not refundable; and WHEREAS 800,000 lower-income working families claim the Michigan EITC; and WHEREAS in 2006 nearly 54,000 Oakland County working families received $92 million in EITC to help afford basic family needs; and WHEREAS using 2006 estimates, those same working families received more than an additional $18 million in tax relief via the Michigan Earned Income Tax Credit to help meet family needs; and WHEREAS some members of the Michigan Legislature are proposing to raise taxes on nearly 800,000 lower income working families and their children by $330 million; and WHEREAS by eliminating the EITC, the average tax hike on poor families will be $400. Meanwhile, a family with a taxable income of $500,000 is going to get a tax cut of $500 from a scheduled income tax cut taking effect October 1, 2011; and WHEREAS without the EITC, an estimated 14,000 children in working families will be plunged into poverty and hurt children in 800,000 families; and WHEREAS studies show about 20 percent of adults who spend more than three years in poverty as a child will not receive a high school diploma. Michigan needs policies that create more college graduates — not more high school dropouts; and foregoing resolution. 1 efi-a-iVerson, we move in adoption of t Commissioner David Woodward District #18 Commissione District # COrnirnissioner District # , : / Commissioner District / WHEREAS when a family receives its Michigan EITC check — which averages about $400 -- it is spent quickly on home repairs, auto repairs (helping ensure working families can get to work), children's needs, heating and lighting bills, and other local purchases; and WHEREAS Patrick L. Anderson, of the Anderson Economic Group, stated in a report that called the E ITC an effective piece of public policy; and WHEREAS the Michigan League of Human Services, the Michigan Catholic Conference, and a growing number of other organizations are forming a coalition to preserve and protect the Michigan Earned Income Tax Credit; and WHEREAS the EITC is most often claimed by people who are waitresses, janitors, grocery cashiers, child care aides, nursing home workers, cooks, farm and agricultural processing workers, dishwashers and others who work hard and long hours at low-paying jobs. It is only available to those who work. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners hereby supports the preservation and protection of the Michigan Earned Income Tax Credit. BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners opposes any legislative efforts to decrease or eliminate the Michigan Earned Income Tax Credit. BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners authorizes our county commission lobbyist to assist in coalition efforts to support protection of the Michigan EITC. BE IT FURTHER RESOLVED that a copy of this resolution be forwarded to the Oakland County delegation of the Michigan Legislature, Governor Rick Snyder, all county media outlets, and the Michigan League for Human Services. Commissioner District # Commission& District # Cberimissioner District # Commissi9n District 14// Co ir missioner a.trict tiLf. . Comm issioner District # Commissioner (-,/ District # Commissioner District # Commissioner Commissioner District # District # Commissioner Commissioner District # District # Commissioner Commissioner District # District # Commissioner Commissioner District # District # Commissioner Commissioner District # District # Commissioner Commissioner District # District # Commissioner Commissioner District # District # Commissioner Commissioner District # District # Resolution #11030 February 9, 2011 The Chairperson referred the resolution to the General Government Committee. There were no objections.