Act Today! Extend the Current Tax Credits for Low-Income Families

December 16, 2010 at 5:19 am Leave a comment

Your calls last week and your efforts all year long have made a difference. The Senate included the current Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) benefit levels in its version of the tax bill. Now the final action moves to the House.

Call Rep. Wu as soon as possible—but no later than noon tomorrow—and urge him or her to support low-income working families by voting for H.R. 4853, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.

The current EITC and CTC benefit levels expire with the rest of the 2001 and 2003 tax cuts on December 31, so it is vital that Congress finalizes its actions on this tax bill before it adjourns.

You may agree or disagree with some of the provisions of H.R. 4853, but as people of faith we can all agree that enacting the bill’s EITC and CTC provisions is critically important for low-income working families. If H.R. 4853 does not pass, it is very likely the current benefit levels for hardworking low-income families will drop steeply and will not be restored in the next Congress. Tell your representative to continue these tax credit benefits by passing H.R. 4853.

Use this number, 1-800-826-3688, which will automatically connect you with the Capitol switchboard. Ask for the office of Rep. Wu and the operator will connect you.

Your main message should be: Continue the current benefit levels for the Earned Income Tax Credit and Child Tax Credit by passing H.R. 4853, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.

You can explain your message further by adding any of the following points:

  • The EITC and CTC encourage work. Only working families can claim these benefits.
  • Refundable tax credits, such as the EITC and CTC, provide some of the strongest forms of economic stimulus, generating $1.26 of economic growth for every additional dollar in benefits. Households spend these tax credits quickly and in their local communities.
  • These credits promote economic mobility. A majority of EITC recipients receive the credit for only one or two years before moving into higher-income brackets.
  • The EITC is America’s largest anti-poverty program. In 2009, it is estimated the EITC lifted 6.6 million people, including 3.3 million children, above the poverty line. The EITC and CTC provisions in the bill, along with the payroll tax deduction, will keep 2.4 million people, including 1.2 million children, above the poverty line.

Grace and peace,

David Beckmann
President, Bread for the World

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Entry filed under: Action Alert.

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