Sen. Sherrod Brown
Sen. Sherrod Brown
From U.S. Sen. Sherrod Brown
D-Ohio


WASHINGTON, D.C. – Ahead of tax day, U.S. Senator Sherrod Brown (D-OH) has introduced the Working Families Tax Relief Act.

Brown’s tax cuts would benefit 4 million Ohioans, including 1.7 million children in the state.

At a time when wages are stagnant and the cost of childcare has exploded, the Working Families Tax Relief Act would cut taxes for workers and families by expanding the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC). EITC and CTC are two of the most effective tools we have to put money in the pockets of working people and pull children out of poverty. Expanding them will give millions more Americans a foothold in the middle class.

The bill also allows workers to draw a $500 advance payment on their EITC so that families aren’t forced to turn to predatory payday lenders when the car breaks down or other unexpected expenses come up. Payday loans are generally made to individuals who are working and often eligible for the EITC. The average payday loan is about $375.

Meanwhile, Americans are filing their taxes and more people are seeing President Trump’s and the Congressional Republicans’ tax scam for what it really was – a handout to millionaires and billionaires at the expense of working families. The Working Families Tax Relief Act would cut taxes for workers and families left behind by the President’s tax law.

All across the country, families are working harder than ever but have less and less to show for it. Corporate profits have soared, executive compensation has exploded, but wages are flat. Meanwhile the cost of everything from healthcare to education and housing is up. Our bill would help put more money back in the pockets of working families and set children up for future success.

The Working Families Tax Relief Act would:

• Boost the incomes of 46 million households and 114 million people, including 43 million children.

• Lift 7 million people out of poverty, including 3 million children.

• Expand the EITC for families with children by roughly 25 percent.

• Allow workers to draw a $500 advance payment on their EITC so that families aren’t forced to turn to predatory payday lenders when the car breaks down or other unexpected expenses come up. The average payday loan is about $375.

• Significantly expand the EITC for workers without children and make the credit available for people starting at age 19 up to age 67. Currently, workers without children can be pulled under the poverty line by taxes. Expanding the EITC would fix that.

• Make the CTC fully refundable, so the more than 26 million children who were left out of the Trump tax law get the support they deserve.

• Create a Young Child Tax Credit to provide extra support to children five and under, when research says they need it most.