| Building Bridges to Self Sufficiency - Figure 2.1 (back) |
| Effect of Work Supports on Income for a Single Parent of Two Children Who Works Full Time, Full Year at $6 per Hour in Maryland |
| |
| Not working: Welfare |
| |
Total* |
$8,900 |
| |
Welfare* |
$4,900 |
| |
Food stamps* |
$4,000 |
| |
| Working: Earnings only |
| |
Total* |
$12,500 |
| |
Earnings* |
$12,500 |
| |
| Working: Earnings plus tax credits |
| |
Total* |
$19,000 |
| |
Earnings* |
$12,500 |
| |
Earned Income Tax Credit/Child Tax Credit* |
$4,500 |
| |
Maryland Earned Income Tax Credit* |
$2,000 |
| |
| Working: With all work supports |
| |
Total* |
$34,500 |
| |
Food stamps* |
$1,500 |
| |
Earnings* |
$12,500 |
| |
Earned Income Tax Credit/Child Tax Credit* |
$4,000 |
| |
Maryland Earned Income Tax Credit* |
$2,500 |
| |
Child care subsidy* |
$14,000 |
| |
| *Values are approximate |
| |
| Notes: The federal poverty level in 2003 was $15,260 and 200% of the federal poverty level in 2003 was $30, 520. |
|
