New York City News: Mayor Adams’ EITC Expansion Brings $345M in Benefits to Residents
New Yorkers Claim $345 Million Thanks to Mayor Adams’ Push for Enhanced Earned Income Tax Credit, Opens new Credit Union to Empower Local Communities New York City Mayor Eric Adams announced the success of the expanded NYC Earned Income Tax Credit (EITC), which provided $345 million to over 746,000 low-income residents in 2023—a 432% increase…