Help Us Reach our Fiscal Year-End Goal
Make your gift to the Law Center while your gift will be matched, up to $15,000 before the end of our fiscal year.
Make your gift to the Law Center while your gift will be matched, up to $15,000 before the end of our fiscal year.
We are now in 2021, in the 11th month of a devastating pandemic and economic crisis that has disproportionately harmed women of color (and women overall), but women and families still have not received the help they need. Women of color especially continue to struggle with economic insecurity: one in five Black women and one in six Latinas do not have enough to eat, and more than one in 12 Black women and about one in 11 Latinas are unemployed.
President-elect Biden unveiled his plan for a new COVID relief package yesterday, and fortunately—in addition to much-needed measures like child care funding and state and local fiscal relief—the plan includes expansions to tax provisions that would provide critical support for women of color, and low-income women and families more generally. Specifically, Biden’s plan would expand and improve the Child Tax Credit, the Earned Income Tax Credit, and the Child and Dependent Care Tax Credit, three federal income tax credits that are targeted to people with low incomes and their families, for one year. These temporary improvements would provide millions of struggling women and families with a much-needed income boost. Here’s how:
These are targeted, commonsense improvements that have been needed for years—but are especially important during an economic crisis like the one we’re currently facing.
The temporary tax credit expansions in Biden’s COVID relief plan would provide a desperately needed income boost for many women and their families, as the effects of the recession and pandemic continue to be deeply felt. These tax benefits are a necessary component of any pandemic response that centers women—and builds our economy back better.