Sen. Gounardes Joins Advocates, Impacted Families to Rally for the Working Families Tax Credit
Автор: State Senator Andrew Gounardes
Загружено: 2025-02-24
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New York State Senator Andrew Gounardes joined elected officials, advocates and impact families from across the state for a press conference and rally calling for the passage of the Working Families Tax Credit (S.2082/A.3474), a bold proposal to tackle the state’s affordability crisis, slash child poverty and grow the middle class.
The Working Families Tax Credit combines and expands existing tax credits to give families up to $1,600 per child, guarantee a $100 minimum credit per child, close loopholes and pay out the benefit quarterly instead of once per year. It would also be pinned to inflation, so support for families will grow even if costs rise.
The Working Families Tax Credit would slash child poverty nearly 17% and cut deep child poverty by 22%, according to Policy Engine, which also found the proposal would increase the net income of more than a third of the state’s residents. The bill is also identical to the top recommendation of Governor Kathy Hochul’s expert Child Poverty Reduction Advisory Council.
At the rally, speakers explained why the Working Families Tax Credit is the best way to meet New York’s legally-mandated poverty reduction goals and stop working families from leaving the state.
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