Governor Pedro Pierluisi praised the cameral leader in Washington DC for including Puerto Rico in representing important economic benefits for Puerto Rican families to convert to them.
“Agrees with the President of the Chamber of Deputies, Nancy Pelosi, President of the Media and Arbitration Commission, Richard Neal and Leader of the Mayor Steny Hoyer, for his leadership and compromise with Puerto Rico. more, the hicieron justice to the miles of residents of Puerto Rico. This includes the Island in the total extension of the program Child Tax Credit (CTC) and the pareo to a local program ampliado de Crédito por Ingreso Devengado (EITC, por sus siglas en Engels) que estan en el project projeciliación presupuestaria “, expresses Pierluisi in declarations written.
Dates of ley project
- Currently, the vigilante stipulates that it will receive $ 2,000 for the minor minorities of 17 years per year for the residents of Puerto Rico and has received fair and disproportionate treatment that the CTC applies to families with more than three dependents and approves eso cambiará. The media, selected by the Democratic Mayor’s Leadership in the House of Representatives, will not list the rights of Puerto Rican families as early as January 1, 2022, but will not limit the number of family homes to Puerto Rico. of the benefits of the CTC.
- The new project establishes that in 2021 it will receive $ 3,600 for the minor months of six years and $ 3,000 for those who have had more than six years before 18 years. Puerto Rico applies for this.
- Payments are gradually reduced for individuals who earn more than $ 75,000 or couples who earn more than $ 150,000.
- Puerto Rico Receives Congressional Reimbursement by Amplification of the EITC. También, to opt to amplify its actual EITC, the Treasury will propose a counterpart of almost three times the actual cost of the EITC of Puerto Rico which will reduce by an increase in labor force participation and proportionate tax credits to all members of the.
- The legislative piece also includes the third round of economic estimate payments of $ 1,400 per member of the family, while the credit is eliminated altogether in the $ 100 mil annuals for individual contributors, $ 150 mil for family gifts and $ 200 mile couples who radiquen their contributions in conjunction.
The governor assures that the approval of the media is a historic advance in the advertising of equal rights for the poor. We also project that the inclusion of Puerto Rico and the total coverage of the CTC by dependent dependents, will be the economic crime of the Island.
Pierluisi also praised the management of the Washington Commissioner, Jenniffer González Colón. “Miles of people are benefiting from these credits that will undoubtedly be a fundamental and radical change for our families as well as for our economy,” the Executive Executive said.
For his part, the PRFAA director, Carmen Feliciano, was also very pleased with the congressional motion. “Legislation presented at the Congress proposes a very necessary level to the families and families who are opposed to economic adversity. The governor of Puerto Rico is very pleased with the efforts he made to make the most important leagues for the benefit of our most needed citizens, ”said Feliciano.
According to data from the Center for Poverty and Social Policy of the University of Columbia (CPSP, by its seal in English), the economic growth agenda of President Joe Biden includes this increase in credit, reduced by the tax rate. infant poverty in the United States.