National EITC Awareness Day

January 30, 2009 11:00 AM - 12:00 PM

Location: Durham Public Schools System Staff Development Center, 2107 Hillandale Road, Durham, N.C.

  • Sponsors: NC EITC Outreach Working Group, Durham EITC Coalition, Wake County EITC Coalition, EITC Carolinas Initiative of MDC, Inc.
  • Speakers: Congressman David Price, NC Treasurer Janet Cowell, State Representatives Paul Luebke and Jennifer Weiss, Durham County Commissioner Ellen Reckow, Durham Mayor Bill Bell, Durham Public Schools Superintendent Carl Harris.
  • Visuals: Citizens arriving to get their taxes prepared free, volunteer tax preparers, dignitaries.

The federal EITC is the nation’s most effective anti-poverty measure aimed at low- and moderate-income working families. In tax year 2005, more than 20 percent of North Carolina taxpayers and their families benefited from the federal EITC, receiving a total of $1.5 billion. Last year, the North Carolina General Assembly approved a refundable version of the federal EITC worth 3.5 percent of the federal credit.

While 80 percent of eligible North Carolinians receive the EITC, conservative estimates are that Tar Heel workers leave at least $135 million unclaimed. That translates into another $200 million in economic stimulus lost when that money is not spent.

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