Connecticut Tax Policy Changes Would Help Working Families

A pair of tax law changes that would help residents account for the costs of raising children are under consideration by the Connecticut General Assembly.

Proposals include permanently increasing the Earned Income Tax Credit to 41.5% of the federal EITC and implementing a child tax credit that would allow households $600 per child for up to three children. This would help Connecticut families, as CT Voices for Children reported, where the average cost per year for raising a child in the state is $16,990.

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