NYC Mayor Eric Adams cites successes of NYC earned income tax credit at opening of new credit union in Queens on Monday.
Mayor Eric Adams touted the success of New York City’s enhanced Earned Income Tax Credit on Monday while helping to cut the ribbon for a new federal credit union branch in Queens.
“We’re working every day to improve the lives of New Yorkers, and since day one, that’s what this administration has been about,” the mayor said. “And it is what EITC is all about, putting money back into the pockets of working people.”The EITC was expanded for the first time in nearly 20 years in 2022 after Adams went to Albany to advocate for that expansion. This year
Department of Consumer and Worker Protection Commissioner Vilda Vera Mayuga underscored the mayor’s comments and said the city’s free tax-prep services helped New Yorkers save millions of dollars during recent tax seasons.back into the pockets of New Yorkers, from saving our neighbors nearly $24 million in filing fees in tax seasons 2022 and 2023 to helping filers get millions of dollars in vital tax credits, like the enhanced NYC EITC,” the commissioner said.
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