Statement from TCWF on Latest Tax Extenders Deal
November 26, 2014Print
Following Congressional compromise on a recent package of tax breaks that does not include extending key improvements to the Earned Income Tax Credit and Child Tax Credit, Tax Credits for Working Families Director Lauren Pescatore released the following statement:
“By not extending key improvements to the Earned Income Tax Credit and Child Tax Credit, lawmakers are prioritizing tax breaks for corporations over support for lower-income working families. These two credits enjoy bipartisan support, and historically have served as an area of consensus between both parties even during times of heated debate. We have received word that this deal is being re-negotiated, and remain optimistic that Congress will choose to protect working families and their children as they address changes to the tax code.”
For additional comment from Tax Credits for Working Families, please contact Lauren Pescatore at firstname.lastname@example.org or (301) 656-0348.
For Tax Credits for Working Families’ latest infographic on the importance of making key EITC and CTC improvements permanent, click here.