WASHINGTON — Democrats plan to include an at least $3,000-per-child tax credit, paid to American families monthly in 2021, in the coronavirus relief bill that is hurtling toward passage by Congress.
Rep. Rosa DeLauro, D-3, has been pushing to expand the child tax credit for 20 years in Congress and now as chairwoman of the House Appropriations Committee, she helped secure this temporary increase — and is leading the fight to make it permanent.
Aimed at fighting child poverty during the pandemic, the proposal in the coronavirus bill would raise the child tax credit to $3,600 for families with children up to six years old and pay $3,000 per child up to age 17 for couples earning up to $150,000 or individuals up to $75,000. The credit would decrease in size for higher income earners until it is phased out.
The child tax credit is normally $2,000. It’s not fully accessible to low-income people who do not pay taxes. But using lessons learned from distributed stimulus checks to non-taxpayers, Democrats now plan to pay the new enhanced tax credit to non-tax filers.
Over one in three children do not qualify for the tax credit because their parents earn too little, according to the Center on Poverty and Social Policy at Columbia University. In Connecticut, 26 percent of all children do not qualify, a DeLauro aide said.
Also, unlike the lump sum refund, parents will get this tax credit paid in monthly installments of $300 for parents of young children or $250 for older children.
Increasing the child tax credit during the pandemic has bipartisan support. But not everyone favors doing so permanently like DeLauro.
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from News https://www.ctpost.com/news/article/3-000-per-child-tax-credit-included-in-Covid-15934548.php
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