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Permanent Tax Credits for Working Families

By Steve Taylor, UWW

Congress on Friday passed a bill that will boost local economies and change the lives of millions of working Americans, improving family financial stability and positioning children for a lifetime of success. The bipartisan, Protecting Americans from Tax Hikes (PATH) Act of 2015 made permanent some tax credits for businesses and working families. While not perfect, the package saves the current version of the Earned Income Tax Credit and Child Tax Credit representing a big win for working families, and supports charitable giving in local communities. Now eligible American workers will have permanent access to the full Earned Income Tax Credit and Child Tax Credit, which will significantly benefit communities and businesses around the country. Read More....