39% CT Households Face Financial Struggles – Permanent Child Tax Credit Offers Hope

Advocates Rally for Permanent Child Tax Credit

Potential Impact on Majority of 39% CT Households

According to NECN, the Connecticut Nonprofit Child Tax Credit Coalition along with lawmakers and families gathered to support a permanent fully refundable child tax credit. This credit would give families $600 per child every year, aiming to help reduce child poverty and make taxes fairer. Lawmakers stressed that this could help 39% CT households especially since many families about 39% CT households are struggling to pay their bills according to Connecticut United Way.

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39% CT Households Face Financial Struggles – Permanent Child Tax Credit Offers Hope. (PHOTO: NBC Connecticut)

Proposed Tax Credit Offers Relief Amidst Economic Strain

Rising living costs due to inflation are hitting families hard like Jessica Chubbuch’s. The proposed $600 tax credit could help cover essentials like groceries and gas. 39% CT household are struggling resorting to maxing out credit cards. Lawmakers note the credit’s significance for minority families, potentially benefiting 65% of Asian, 88% of Black and 91% of Latino families in Connecticut. As discussions continue the push for this tax credit underscores the need to aid families in financial distress in the state.

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