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Could a $1500 Tax Credit Make a Difference for the Caring Economy?

Could a $1500 Tax Credit Make a Difference for the Caring Economy?

Released Wednesday, 28th February 2024
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Could a $1500 Tax Credit Make a Difference for the Caring Economy?

Could a $1500 Tax Credit Make a Difference for the Caring Economy?

Could a $1500 Tax Credit Make a Difference for the Caring Economy?

Could a $1500 Tax Credit Make a Difference for the Caring Economy?

Wednesday, 28th February 2024
Good episode? Give it some love!
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In this episode, we’re diving into an effort to create a State Income Tax Credit for Careworkers, which would credit $1,500 to child care workers and caregivers, direct care workers, home health aides, and other people who work in the caring economy.   

Melissa Mares, Director of Early Childhood at the Colorado Children’s Campaign; Perrine Monnet, Policy Analyst at the Bell Policy Center; and Emily Sirota, Colorado State Representative join us to talk about how this tax credit would help people who are doing some of the most critical work in our society – often for very low pay.   

You can contact Melissa Mares at melissa@coloradokids.org, Perrine Monnet at monnet@bellpolicy.org, and Emily Sirota at emily.sirota.house@coleg.gov. Learn more about our work by visiting our website and social media (@coloradokidsorg).    

Resources:    

2024 Legislative Session - Colorado Children's Campaign (coloradokids.org)

KidsFlash - Child Advocacy News | Colorado Children's Campaign

Growing Our Future Coalition - Colorado Children's Campaign

Caring Workforce Primer (bellpolicy.org) 

bellpolicy.org/wp-content/uploads/ReimbursementRates.pdf 

State Income Tax Credit for Careworkers | Colorado General Assembly

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