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Extending tax credits is key to fighting poverty

4/23/2011

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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.

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    Bread for the World is a collective Christian voice urging our nation’s decision makers to end hunger at home and abroad. By changing policies, programs and conditions that allow hunger and poverty to persist, we provide help and opportunity far beyond the communities where we live. Bread for the World is a 501(c)4 organization.  This site is set up by Holland Bread Team "Chief Communications Architect" Dominic Surya and is not an official Bread site. 
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