NLIHC Joins Letters Supporting EITC and Child Tax Credit
Jul 20, 2015
On July 10, NLIHC joined 160 national organizations signing letters to the House and the Senate that urge lawmakers to make permanent key provisions of the Earned Income Tax Credit (EITC) and the refundable Child Tax Credit (CTC) before the provisions expire at the end of 2017. The signers also recommend that Congress expand the EITC to low income childless adults and non-custodial parents.
The letter states, “If Congress lets critical provisions of these credits expire at the end of 2017, some 50 million Americans, including 25 million children, will lose part or all of their tax credits — and more than 16 million people, including almost eight million children, will fall into or deeper into poverty. [T]he EITC and CTC help children in working families at virtually every stage of their lives, ground-breaking research indicates. Children whose families receive an income boost from these credits on average do better in school and are likelier to go to college, likelier to work more and earn more as adults, and likelier to be healthier and avoid the early onset of various adult illnesses.”
The letters are at http://nlihc.org/sites/default/files/EITC-CTC_House-Senate-Lettters_072015.pdf