The CT Child Tax Credit will provide much-needed financial assistance for the rising costs of raising children, such as food, clothing and childcare, allowing us the flexibility to choose what our children need most.
By putting more money directly into our pockets, the CT Child Tax Credit will:
- Reduce child poverty: Financial stability is essential for a child’s well-being. Child Tax Credits are a proven solution to lift families out of poverty.
- Boost the economy: When we have more money to spend, we spend it locally and stimulate the economy. Moody’s Analytics estimates a 38% return on investment.
- Promote equity: A fully refundable Child Tax Credit is designed to reach low-income families, helping to close the racial and income gap.
We believe that all Connecticut children deserve to thrive. The CT Child Tax Credit is a critical investment in our families, economy and future.
