In an effort to help American families, Sen. Mike Lee proposes a $2500 child tax credit that would apply to both income and payroll taxes.
Writes W. Bradford Wilcox at The Atlantic:
Senator Lee’s proposal is only one step in the right direction. But what’s particularly encouraging about his proposal is that it would lift the sagging economic fortunes of many working-class families by targeting their payroll taxes. Let’s hope more Republicans (and Democrats) take a page from Lee’s playbook and seek policies that renew the flagging economic fortunes of family life in all too many of our nation’s poor and working class communities. Without strengthening these foundations, the United States is not likely to see the institution of marriage—and the stability, security, and opportunity it offers to the nation’s children—on the mend in the very communities that need marriage the most.
