CNA Staff, Jul 16, 2020 / 13:01 pm
A group of conservative figures called on Congress Thursday to expand tax credits for families to ease the consequences of the COVID-19 pandemic.
In a July 16 letter to the leaders of Congress, the signers called for an expansion of the Child Tax Credit and the Earned Income Tax Credit. Among the 15 signers of the letter were researcher W. Bradford Wilcox of the Institute for Family Studies, Princeton professor Robert George, and journalist Kathryn Jean Lopez.
"These two tax policies are proven to be the most effective programs at lifting Americans out of poverty and expanding them now would provide much needed aid to America's working families," the letter reads.
The EITC currently provides for a tax benefit for working people with low to moderate income, which the IRS defines as between $15,570- $50,162 for a single person or $21,370-$55,952 for married couples, depending on the number of children.