Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) joined Senators Sherrod Brown (D-Ohio), Michael Bennet (D-Colo.), Dick Durbin (D-Ill.), Ron Wyden (D-Ore.) and 39 Senate colleagues in introducing legislation that would help expand two tax credits aimed at putting money back in the pockets of hardworking Nevada families. The Working Families Tax Relief Act would expand access to and increase the value of both the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC).
“Hard working families in Nevada are continuing to struggle to make ends meet. These common sense updates to the Earned Income and Child Tax Credits will help ensure all hardworking Nevadans are able to keep a little more of their hard-earned cash in their pocket so they can provide for their families. Our tax system should put middle-class and working families first, and I will continue to fight in the Senate to reverse the damage caused by the Republican tax bill and ensure that tax cuts go to those who need them, not to wealthy corporations.”
In addition to Senators Brown, Bennet and Cortez Masto, Senators Patrick Leahy (D-Vt.), Patty Murray (D-Wash.), Jack Reed (D-R.I.), Chuck Schumer (D-N.Y.), Tom Carper (D-Del.), Debbie Stabenow (D-Mich.), Maria Cantwell (D-Wash.), Bob Menendez (D-N.J.), Benjamin Cardin (D-Md.) Bernie Sanders (I-Vt.), Bob Casey (D- Penn.), Amy Klobuchar (D-Minn.), Sheldon Whitehouse (D-R.I.), Jon Tester (D-Mont.), Tom Udall (D-N.M.), Jeanne Shaheen (D-N.H.), Mark Warner (D-Va.), Jeff Merkley (D-Ore.), Kirsten Gillibrand (D-N.Y.), Chris Coons (D-Del.), Richard Blumenthal (D-Conn.), Brian Schatz (D-Hawaii), Tammy Baldwin (D-Wis.), Chris Murphy (D-Conn.), Mazie Hirono (D-Hawaii), Martin Heinrich (D-N.M.), Angus King (I-Maine), Tim Kaine (D-Va.), Elizabeth Warren (D-Mass.), Ed Markey (D-Mass.), Cory Booker (D-N.J.), Gary Peters (D-Mich.), Chris Van Hollen (D-Md.), Tammy Duckworth (D-Ill.), Maggie Hassan (D-N.H.), Kamala Harris (D-Calif.), Tina Smith (D-Minn.), Doug Jones (D-Ala.) and Jacky Rosen (D-Nev.).
The Working Families Tax Relief Act would boost the incomes of 46 million households and 114 million people, and lift 7 million people, including 3 million children, out of poverty. Specifically, the legislation would: