Families to get child credit payments

On July 15, most Vermont parents will begin to receive a new monthly payment from the federal government, as part of the COVID-19 relief signed into law in March.This new monthly payment system is a revision to the existing child tax credit, which was first enacted in 1997. Usually, parents have received a lump sum in their spring tax returns.The per-child credit was previously scaled on a bell curve, dependent on household income, with lowest-income and highest-income families receiving the smallest return … (read more)

BURLINGTON/LINCOLN — “There are too many families in Vermont and throughout this country, who are struggling to raise their kids,” said Vermont Sen. Bernie Sanders in a newsletter issued last week meant to alert Vermonters of the expansion of the Child Ta … (read more)