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Wednesday September 1, 2010
Tell Congress We Need Federal Tax Policies That Work For Families
Soon after our children return to school, Pennsylvania’s Senators and Representatives will return to Washington and resume their work. Click HERE to sign onto a letter
that urges them to pass a middle class tax bill that makes the 2001 and 2003 tax cuts for low- and moderate-income families permanent, extends important recovery act (ARRA) provisions, and allows the cuts that benefit only high-income earners to expire.
The letter urges our delegation to act quickly to:
• Extend the expansion of the Child Tax Credit. Without this extension, a mom or dad working for the minimum wage raising two children would have his/her credit slashed by $1,500 each year.
• Extend the increase in the Earned Income Tax Credit (EITC) for larger families. If not extended, a family with three or more children will get the same credit as a family with two children despite the undeniably greater costs of supporting a larger family.
• Extend the EITC marriage penalty relief, which reduces the financial penalty some couples face when they marry. Nationwide, about 5 million adults and 8 million children would benefit from the change.
• Extend the American Opportunity Tax Credit, which was made available to millions of low- and moderate income college students for the first time under the recovery act (ARRA). The maximum value increased from $1,800 to $2,500.
• Increase the Child and Dependent Care Tax Credit, which the President proposed to extend to more families in his FFY 2011 budget. For a family earning $50,000, the proposal would increase the maximum credit from $1,200 to $2,100.
• Reinstate the 2009 parameters for the estate tax (exempting estates valued at up to $3.5 million per individual and up to $7 million per couple). This provision should not be made any more generous.
Congress must advance tax policies that ensure the revenues necessary to support critical investments in children, their families and their futures! Click HERE to sign onto the letter.
Please respond by Wednesday, September 8th!
About this E-Alert
In an effort to keep our friends and colleagues up-to-date on what’s going on with children and families in our region, PCCY will, from time to time, issue an E-Alert on an issue that we need YOU to take action on!
We will: provide you with the information on the issues
We need YOU to: take the action step(s) that are listed
We hope that you will join us in helping to protect the lives and life chances of children and families in our region by doing something TODAY to help protect their tomorrows. However, if you would like to be removed from the e-mail list and receive no further updates, please send an e-mail to info@pccy.org.
* END ALERT *
President: Carolyn Adams
Executive Director: Shelly D. Yanoff
Communications Director: Sid Holmes
Public Citizens for Children and Youth (PCCY)
1709 Benjamin Franklin Parkway
Sixth Floor
Philadelphia, Pa 19103
Phone: 215-563-5848
Fax: 215-563-9442
Website: www.pccy.org
E-mail: info@pccy.org
Webmaster: Steven Fynes
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