What a Permanent Child Tax Credit Could Mean for Families in Illinois – WTTW (Chicago)

State Rep. Mary Beth Canty, a chief co-sponsor of a bill in the state House that would enact a permanent child tax credit, said, “We know that this is something that has to be dealt with at the federal level, but the states also have a real opportunity to make a difference...These funds would allow households to do what they think is right for their family.” According to Canty, there are 14 other states that are running similar programs.
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Nick Binotti
3 months ago

Within the 2020 Fair Tax plan was a child tax credit of $100/child. It cost maybe $100 million, around the same as the Invest in Kids Act.

When the Fair Tax failed, the CTC was thrown out as well. Now that it’s possibly back at $300/child, someone should ask the governor why for the past few years he has denied tax relief to the poorest families in Illinois.

https://www.oakpark.com/2020/09/30/giving-tax-credit-where-credit-is-due/

Riverbender
3 months ago
Reply to  Nick Binotti

One of my neighbors who lives in a pretty nice home bought a new car last year. Just last month a new furnace and air conditioner was installed paid for by a Government program to help “the poor.” They get LIHEAP for utility bill assistance, SNAP and WIC for food, go to the food pantry and, from what they say, Obamacare is practically free. Add this up to the assorted other giveaways, the Township gave out bicycles at Christmas this year, they live quite well. Their way of doing this was simple; the wife quit work lowering their income to… Read more »

Riverbender
3 months ago

A permanent child care tax credit is one of the items that will move a basic flat tax into the graduated tax rate structure that Pritzker so desires despite the fact that the voters voted against it.

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