LETTER TO THE HOLLAND SENTINEL: Holland, MI — As April 15, Tax Day, approaches, we are more acutely aware than usual of our nation’s tax code. Often unnoticed is our nation’s largest anti-poverty program for working families, the earned income tax credit (EITC), a refundable tax credit geared primarily toward families with children. Equally important is the child tax credit (CTC), which provides up to $1,000 for each child under age 17.
Ronald Reagan called the EITC “the best anti-poverty, the best pro-family, the best job creation measure to come out of Congress.” The EITC helps bridge the gap between low-wage earnings and the costs of meeting basic needs for over 22 million households. It lifts almost 7 million Americans — including 3.3 million children — above the poverty line.
Ronald Reagan called the EITC “the best anti-poverty, the best pro-family, the best job creation measure to come out of Congress.” The EITC helps bridge the gap between low-wage earnings and the costs of meeting basic needs for over 22 million households. It lifts almost 7 million Americans — including 3.3 million children — above the poverty line.
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