If your family earns up to $400,000, you’ll see a $500 bump in the child tax credit under the House-approved Republican tax and spending plan that executes President Donald Trump’s policy agenda.
But more than 600,000 children in working families across Pennsylvania would be denied the full $2,500 tax credit because their parents don’t earn enough, according to a report this week from the Center on Budget and Policy Priorities, a progressive research center in Washington, D.C.
Trump and Republican lawmakers have touted the proposed tax credit increase as helpful to families struggling to buy groceries and pay bills. But the families facing the toughest financial challenges won’t benefit as much as those in the upper-middle class.
The legislation does not address the “cliff at the low en