To the editor:
Starting July 15, most families can receive the new Child Tax Credit (CTC) as a monthly payment. An extra $250-300 each month will help families succeed — from working families struggling to pay for food, rent and bills to middle-class families who need help with childcare and college savings.
Go to www.childtaxcredit.gov to make sure you’re getting it. And spread the word.
This new CTC is a breakthrough, potentially cutting child poverty by almost half over the next year. But the CTC improvements, along with much-needed changes to the Earned Income Tax Credit (EITC) for low-wage workers, will expire after 2021, forcing millions of younger workers and families with children back into poverty. Congress must not let that happen.
I urge our members of Congress to make the 2021 CTC and EITC changes permanent in recovery legislation this year and pay for it by making the rich and corporations pay their fair share.
John Schaechter
Canton
