To the Editor,
The Vermont Senate voted to repeal the brand-new Child Tax Credit in order to redirect funds to early care and education. But there is no reason to pit the two against each other. Vermont needs both. The credit, which Vermonters can now claim for tax year 2022, allows families with household incomes up to $125,000 to claim a $1,000 tax credit for each child under 6. Partial credits are available for families with incomes up to $175,000. The credits are refundable, which means the family will receive a cash refund if the credit exceeds what they owe.