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Family
Economics
CDF advocates for the implementation and strengthening
of policies and programs that will lift families out of poverty. Ohio
has nearly 506,000 children living below the poverty line. Research
indicates that family economic security and the well-being of children
go hand in hand.
Poor children are more likely to experience a range
of negative outcomes: low academic achievement, health problems,
early pregnancy, homelessness, and lower high school graduation
rates. Family structure contributes significantly to the economic
status of children. Children living in single parent households are
much more likely to be poor. A mother of two who works full time
making minimum wage earns about $14,248 a year or $1,187 a month.
This sum is almost $2,352 less than the amount needed for her to be
able to lift herself and her family out of poverty.
In addition to traditional supports for low-income
families such as Medicaid, child care and cash assistance, CDF-OH
believes the revision of the Tax Code is fundamental to the
reduction of poverty in Ohio. Addressing this structural deficit and
creating a more equitable distribution of the tax burden between
businesses and individuals is paramount. This includes the
consideration of establishing a refundable Ohio Earned Income Tax
Credit that will put more resources into the pockets of low-income
families, stimulate the Ohio economy, and potentially lift thousands
of Ohio children out of poverty.
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