U.S. Rep. Gwen Moore reintroduces bill to make changes to income tax credits
Bill increases amount of money given back to low-income workers
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Updated: 7:13 PM CDT Jul 23, 2021
U.S. Rep. Gwen Moore reintroduces bill to make changes to income tax credits
Bill increases amount of money given back to low-income workers
Share
Updated: 7:13 PM CDT Jul 23, 2021
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TRYING TO FIND A NEW HOUSE. TOYA: REPRESENTATIVE GWEN MOORE IS REINTRODUCING THE WORRKE RELIEF AND CREDIT REFORM ACT TO CONGRESS. THE BILL WOULD MAKE CHANGES TO INCOME TAX CREDITS BY EXPANDING THE DEFINITION OF WORK TO INCLUDE UNPAID CAREGIVERS DAN LOW-INCOME STUDENTS. THIS WOULD MEAN PEOPLEEIK STAY-AT-HOME MOTHERS AND THOSE CARING FOR SICK FAMILY MEMBERS COULD POTENTIALLY RECEIVE TAX RETURNS. THE BILL ALSO INCREASES THE AMOUNT OF MONEY GIVEN BACK TO LOW INCOME WORKERS. >> IF YOU ARE A SINGLE PERSON AND YOU EARN $30,000 A YEAR, YOU WILL GET SOME PORTION OF THAT MONEY BACK .THIS WOULD BE A BIG HELP TO PEOPLE IN LIEU OF RAISING THE MINIMUM WAGE. TOYA: THE BILL INCLUDES AN OPTION TO GET ABOUT 75% OF THEIR REFUND, PAID OUT MONTHLY,