Download this fact sheet (April 2018; 1 page; pdf)
New Mexico’s Working Families Tax Credit (WFTC) works with the federal Earned Income Tax Credit (EITC), which has been hailed as one of the best anti-poverty, pro-job creation measures Congress has ever enacted. This fact sheet explains why this tax credit works so well and how New Mexico policymakers could make it even more effective. And it could all be paid for by ending an ineffective tax credit.
