EITC is so effective that 29 states, including Maine, have created their own state-level EITCs to build on the federal credit’s success. Unfortunately, as Mainers’ cost of living continues to rise, our EITC is falling behind. Nearly half of Mainers could not afford a $400 emergency expense, according to the Maine Center for Economic Policy, so it is clear that many families are still scraping by.
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