Willis Backing Bill to Increase Earned Income Tax Credit for Working Families in Illinois
SPRINGFIELD, Ill. – State Rep. Kathleen Willis, D-Addison, is backing legislation that would provide greater tax relief to local families by increasing the earned income tax credit in Illinois by 2% every year until the year 2021.
“We need to update the earned income tax credit to make sure that it’s working families that are getting the tax breaks, not large corporations,” said Willis. “This legislation will help to spur Illinois’ economy and put more money back in the pockets of hard-working families.
House Bill 2475 is a measure that would increase the earned income tax credit by 2% for every year until the year 2021. The income tax credit was first introduced by the U.S. Congress in 1975 as a way to help spur the economy. Advocates for the legislation argue that by giving more money back to working families, their increased spending power will help support the local economy and grow small businesses. Rep. Willis stated that the need to create jobs and support Illinois’ economy is the most important reason for the legislation.
“We need to be looking at ways to grow the economy and help the middle-class,” said Willis. “We know the best way to grow the economy is to grow the middle-class.”
Willis is serving her third term in the Illinois General Assembly as State Representative of the 77th District, which includes O’Hare Airport and portions of Addison, Bellwood, Bensenville, Franklin Park, Maywood, Melrose Park, Northlake, Stone Park, and Wood Dale.