Read the full testimony submitted by Badger Institute Sr. Vice President Michael Jahr Testimony for AB 692 The following is testimony submitted by Badger Institute Senior Vice President Michael Jahr in favor of AB 692, a bill designed to eliminate the marriage penalty for participants in the Wisconsin Earned Income Tax Credit (EITC) program. The testimony was submitted to members of the Assembly Committee on Ways and Means on Feb. 2, 2022. Thank you, Chairman Macco and Members of the Assembly Committee on Ways and Means, for holding this hearing on AB 692. This is more than a tax issue or even a fairness issue. As you know, families are one of the most important institutions in society — and they play a critical role in the wellbeing of children. Time and again, research bears out what societies have long recognized: Family structure plays a role in child outcomes. In a 2015 report, Princeton University sociology professor Sara McLanahan and Brookings Institution Fellow Isabel Sawhill concluded that “most scholars now agree that children raised by two biological parents in a stable marriage do better than children in other family forms across a wide range of outcomes.” These outcomes include school achievement, future economic success and avoiding behavioral pitfalls. Unfortunately, Wisconsin’s Earned Income Tax Credit can penalize and discourage marriage in certain circumstances. Read the Rest of the Testimony Here Share This Email Share This Email Share This Email Our work in advancing free markets, opportunity and prosperity in the Badger State is only made possible by generous donations from our supporters. We never have, and never will, accept government funding. Donate online or email Angela Smith, Director of Development. The Badger Institute is a 501(c)(3) tax-exempt nonprofit organization. Donate Now Listen to our New Podcast "Free Exchange" Free markets, limited government, and individual liberty – you know these principles, now hear the stories of the men and women who embody them and the policies that advance them. Listen as the team from Wisconsin’s Badger Institute come together to demystify, explore and discover ways to make communities in our state freer and more prosperous, one episode at a time. Subscribe to the Podcast Badger Institute | 700 W Virginia St, Suite 301, Milwaukee, WI 53204 www.badgerinstitute.org Unsubscribe
[email protected] Update Profile | About Constant Contact Sent by
[email protected] in collaboration with Try email marketing for free today!