[Congressional Record (Bound Edition), Volume 148 (2002), Part 3]
[House]
[Page 4138]
[From the U.S. Government Publishing Office, www.gpo.gov]




                   EXPANDING EARNED INCOME TAX CREDIT

  (Mr. DAVIS of Illinois asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. DAVIS of Illinois. Mr. Speaker, as we approach April 15, the 
deadline for filing income tax, I have introduced a bill, H.R. 3742, 
legislation to expand the earned income tax credit for childless 
workers.
  This bill would significantly strengthen the credit's ability to 
reward and encourage work for millions of low-income people.
  H.R. 3742 would improve the EITC for childless workers in two 
important respects. First, it would double the credit percentage to 
15.3 percent and extend it to apply to the first $7,000 in wages that a 
worker earns. This would provide workers with new relief from the 
substantial payroll tax burden they currently bear.
  While we await enactment, I would also encourage low-income people to 
make sure they file for their earned income tax credit.

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