Updated at 12:48 p.m., Wednesday, January 30, 2008
Hawaii taxpayers got $142.8M from tax credit
Advertiser Staff
Hawai'i taxpayers got $142.8 million last year from one of the federal government's largest cash-assistance programs for low-income working families.So says the Internal Revenue Service, which yesterday said both the amount and number of people applying for the program, the Earned Income Tax Credit, increased last year compared to a year prior.
The IRS said last year's filings for the 2006 tax year show the number of people receiving the tax credit grew to 82,294.
That was an increase from the 80,779 local recipients who received $135.3 million a year earlier.
