Posts Tagged ‘Latinomics’

April 2015 Latinomics: Tax Time!

April 16th, 2015 by admin

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It’s tax time, the perfect occasion to highlight the importance of the Child Tax Credit and the Earned Income Tax Credit to Latino working families. These credits encourage work, keep millions of families out of poverty, and have lifelong benefits for kids and families.

In recent months, NCLR has worked to ensure home care workers were not excluded from minimum wage laws and released a report on the remarkable resilience of Latino youth in the face of adversity. When congressional proposals threatened to weaken crucial gainsmade by the Consumer Financial Protection Bureau (CFPB), our network stood strong in preserving consumer rights.

Thanks for all your support. Read on to see what’s new in Latinomics!

The Power of Refundable Tax Credits

This tax season, those of us expecting a refund probably filed our taxes earlier than the April 15 deadline. Millions of low- and moderate-income workers will qualify for the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC).

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NCLR began the New Year by releasing a report, co-authored with the National Housing Resource Center, which included findings on how mortgage servicers, the companies that process mortgage payments, continue to ignore crucial homeowner protections.

As 2015 began, we saw improvements to the nation’s economy and highlighted benefits for workers resulting from President Obama’s announcement of executive actions on immigration benefiting millions of families.

From increased funds for affordable housing to slowly falling Latino unemployment, we found much to celebrate.

Thanks for all your support. Read on to see what’s new in Latinomics!

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Cutting across partisan divides, voters across America backed minimum wage increases.

This fall, we saw the Latino unemployment rate hit the lowest level since February 2008, declines in the Latino poverty rate, and victory for 200,000 employees of federal contractors who will now make a minimum wage of $10.10.

While the Latino poverty and unemployment rates still remain disproportionately high and we saw setbacks as the Labor Department delayed implementing the minimum wage for home care workers, NCLR won’t stop fighting for the rights we all deserve.

Thanks for all your support this fall, and read on to see the latest in Latinomics!