The American Rescue Plan of 2021 offers an historic opportunity to support the economic well being of millions of households especially children through expansions to the Child Tax Credit and the Earned Income Tax Credit. Importantly, these temporary expansions, which are landing in bank accounts now, help ease cash flow and improve the peace of mind and health outcomes of families. Yet, many, particularly households headed by women of color, who would receive the greatest income boost may not be able to easily access this tax credit. Funders have an important role to play in the short term to support access to the credit and in the longer term to support permanent expansion of these credits. Doing so offers an opportunity to make the case for unrestricted cash and to fundamentally improve the freedom of parents to help their families thrive.
SPEAKERS:
- Kit Judge, The Annie E. Casey Foundation
- Ami Nagle, EITC Funders Network
- Deborah Schachter, New Hampshire Charitable Foundation
Join this webinar to to discuss strategies for action now and learn how your investments now can make lasting change.