To the Editor:
I’m writing in response to coverage of Congress’s work on tax legislation.
When Congress passed a tax deal right before the holidays, what most headlines did not focus on is they included a critical lifeline for millions of working families across America, finally making key provisions of pro-work tax credits permanent.
The Earned Income Tax Credit (EITC) and Child Tax Credit are some of this country’s most effective policies, helping millions of working Americans make ends meet every year. If Congress had again neglected critical provisions of these credits – otherwise set to expire – 16 million Americans, including eight million children, would have fallen into [or deeper into] poverty. I’m glad to see Congress saved these key EITC and Child Tax Credit provisions by making them permanent before adjourning. We need to make sure this major step forward for more than 50 million Americans doesn’t get overlooked.
President Obama and House Speaker Ryan both support bipartisan efforts to expand the EITC for low-income workers without children. Let’s build on last year’s tax package by taking the next step to fix this gap in tax policy in 2016!