Chair: Lany L. Villalobos, Dechert LLP, Philadelphia, PA
Earned Income Tax Credit: Ideas for Reform.
The Earned Income Tax Credit (EITC) is the most significant earnings-based refundable credit in the Internal Revenue Code. In Tax Credits for the Working Poor: A Call for Reform, Michelle Lyon Drumbl discusses the use of domestic revenue systems in the United States and other countries to deliver and administer social welfare benefits to low-income individuals and families. There have been many proposals to modify or replace the EITC to address some of the current limitations in the EITC, including the Len Burman’s proposal for a new Universal EITC. In light of Drumbl’s recent book and these proposals, as well as last year’s National Taxpayer Advocate Special Report to Congress, Making the EITC Work for Taxpayers and the Government, the panelists will identify challenges for low-income taxpayers with respect to EITC administration and will discuss recent plans for EITC reform.
Panelists: Professor Michelle Lyon Drumbl, Washington & Lee University School of Law, Lexington, VA; Professor Leslie Book, Charles Villanova University Widger School of Law, Villanova, PA; Leonard Burman, Syracuse University Maxwell School of Citizenship and Public Affairs and Urban Institute/Tax Policy Center, Syracuse, NY; Margot Crandall-Hollick, Congressional Research Service, Washington, DC
Co-sponsored by: Pro Bono & Tax Clinics