Minnesota’s New Child Tax Credit
Democrats Introduce $1,750 Child Tax Credit to Combat Childhood Poverty
According to Red Lake Nation News, Governor Tim Walz recently talked about Minnesota’s new child tax credit which could give a lot of money back to some families. It’s the biggest child tax credit in the country offering $1,750 for each child under 17 in eligible families, and there’s no limit on the number of children. This child tax credit was part of a $3 billion tax package passed last session by Democrats who were inspired by how direct payments during the pandemic helped reduce poverty across the nation.
The idea for this child tax credit came from seeing how helpful the pandemic payments were in lowering poverty. Minnesota’s Democrats wanted to make a difference too so they included this credit in the tax package. They believe it could cut childhood poverty in Minnesota by a third. With tax filing season here Governor Walz wants families to know about this child tax credit which can offer significant financial relief.
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$1,750 Child Tax Credit Minnesota’s Record-Breaking: Democrats Aim to Slash Child Poverty! (PHOTO: Louisiana Illuminator)
MinGovernor Walz Urges Awareness as Tax Deadline Approaches
Furthermore, it’s really important for people in Minnesota to know about the new child tax credit. Governor Tim Walz talked about it and said it’s the biggest one in the country. Families can get up to $1,750 for each kid under 17 and there’s no limit on how many kids you can claim. This child tax credit was part of a big tax package passed by Democrats who saw how helpful similar payments were during the pandemic in reducing poverty. They hope this child tax credit can also make a big difference possibly cutting childhood poverty in Minnesota by a third. So, as Americans do their taxes it’s good for them to know about this child tax credit, especially if they’re struggling financially.
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