Small Business Majority and CAMEO support expanding CalEITC for entrepreneurs
Wednesday, May 29, 2019
Small Business Majority and California Association for Micro Enterprise Opportunity (CAMEO) write in support of Governor Newsom’s proposal to expand the CalEITC program, which will benefit many self-employed entrepreneurs. Governor Newsom’s budget proposal would expand the CalEITC program to individuals making up to $30,000 annually, a limit that would ensure many low-income solo entrepreneurs are eligible. Boosting self-employed workers’ incomes through CalEITC will reduce job lock, allowing workers who previously felt tied to their job because of their paycheck to strike out on their own entrepreneurial path.