Save Children and Families from Poverty's Grip
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Sponsor: The Hunger Site
Support the Tax Relief for American Families and Workers Act of 2024 to help lift children out of poverty, ignite economic growth, and rebuild lives.
The Tax Relief for American Families and Workers Act of 2024 stands at the brink of history, ready to redefine the economic landscape for countless American families and the businesses that drive our nation forward. Passed by the House of Representatives, this groundbreaking legislation now awaits the decisive vote of the United States Senate. Your voice is crucial in this pivotal moment.
A Beacon of Hope for Families
Imagine a world where no child in America grows up in poverty. The Tax Relief Act proposes enhancements to the Child Tax Credit (CTC), offering a financial lifeline to families across the nation. By indexing the CTC to inflation and increasing its refundable portion through 2025, we can provide stability and support to those who need it most1.
Empowering Economic Growth
But the impact doesn't end with families. The Act is poised to invigorate the American economy by fostering innovation and job creation. Immediate deductions for U.S.-based R&D investments will catalyze advancements in technology and processes, while full expensing for machinery and equipment will drive productivity and growth2.
Rebuilding and Renewing
In the wake of disasters and amidst a housing crisis, the Tax Relief Act extends a hand of solidarity. Tax relief for disaster-affected individuals and businesses, coupled with enhancements to the Low Income Housing Tax Credit, will not only address immediate challenges but also lay the foundations for long-term recovery and stability3.
Your Voice Matters
Now, as the Act stands before the Senate, your voice is more powerful than ever. This is about more than just policy; it's about the kind of future we want to build. It's about ensuring that every child has the opportunity to succeed, that every business can thrive, and that every family can recover from the unexpected blows of life.
It's about securing a prosperous future for all Americans
Join us in calling on the Senate to pass the Tax Relief for American Families and Workers Act of 2024. Sign the petition today and be part of a movement that champions prosperity, equity, and hope for every American.
Sign the Petition Now and help us secure a brighter future together.
- Unites States Congress (17 January 2024), "H.R.7024 - Tax Relief for American Families and Workers Act of 2024."
- Thomson Reuters Tax & Accounting (1 February 2024), "House passes the Tax Relief for American Families and Workers Act of 2024."
- America First Policy Institute (9 February 2024), "Bill Analysis: The Tax Relief for American Families and Workers Act."
- Francis Torres, Bipartisan Policy Center (22 Jan 2024), "Housing Credit Takeaways from the Proposed Bipartisan Tax Deal,."
The Petition:
To the Honorable Members of the United States Senate,
We, the undersigned, call upon you with a united and urgent voice in support of the Tax Relief for American Families and Workers Act of 2024, a pivotal piece of legislation that has the power to transform the lives of millions of Americans. This Act, having passed the House of Representatives, now stands before you, awaiting your decisive action to turn its promises into reality.
The Tax Relief for American Families and Workers Act of 2024 is more than just a legislative document; it is a beacon of hope for countless American families struggling to make ends meet. By enhancing the Child Tax Credit, this Act directly addresses the pressing issue of child poverty, offering much-needed relief to low-income families and ensuring that our children, the future of this nation, have the resources they need to thrive.
Moreover, this Act recognizes the critical role of American businesses in driving economic growth and innovation. Through provisions that allow for immediate deductions for U.S.-based research and development investments and reinstating full expensing for essential machinery, equipment, and vehicles, this legislation fosters an environment where businesses can flourish, create jobs, and contribute to a robust economy.
In the face of natural disasters and the ongoing affordable housing crisis, the Tax Relief for American Families and Workers Act extends a helping hand, providing tax relief for those affected by calamities and enhancing the Low Income Housing Tax Credit to finance the construction of affordable homes. These measures not only address immediate needs but also lay the groundwork for long-term stability and prosperity.
We urge you, our esteemed Senators, to recognize the profound impact this Act will have on the lives of the American people. By supporting the Tax Relief for American Families and Workers Act of 2024, you will be taking a decisive step towards alleviating financial burdens, stimulating economic growth, and building a more equitable society.
Let us come together to ensure the passage of this Act, paving the way for a brighter future for all Americans. Your support for this legislation will be remembered as a testament to your commitment to the well-being of the families and workers you serve.
Sincerely,
