On Thursday, October 21, 2021, the Rabbinical Alliance of America – Igud HaRabbonim, representing over 950 America Rabbis – joined with other Jewish organizations in partnering with the White House in its important presentation on the Child Tax Credit (CTC). The Rabbinical Alliance of America thanks President Joe Biden, his administration and in particular Mr. Chanan Weissman, the White House liaison to the Jewish Community, for arranging this important meeting to help families receive the financial assistance they need and deserve.
Rabbi Mendy Mirocznik, executive vice-president of the Rabbinical Alliance of America stated, “I urge all eligible families to take advantage of the Child Tax Credit, which is a major financial relief for working families. The deadline to register for advance payments is November 15. Otherwise you can receive it when you file taxes. Please do not miss this opportunity.”
Rabbi Mirocznik added, “in this time of increasing polarization, it is quite notable when there is widespread and positive agreement about the effectiveness of any government initiative. The CTC is just such an initiative. Even the non-partisan Tax Foundation describes the CTC as follows:
Overall, the CTC helps lift families with workers and dependents out of poverty, significantly helps those in lower- to middle-income groups, and offsets increasing marginal tax rates due to benefit phaseouts in other credits or the decline in effectiveness from the dependent exemption.
“Therefore, it behooves us to familiarize ourselves with the details of this initiative, as we will do so today, to help all the eligible families in our communities enroll. The Rabbinical Alliance of America will disseminate the information with our 950 Rabbis serving across the United States to help educate the public to take advantage of this important initiative. As always, the Rabbinical Alliance of America recommends that each individual consult with their accountant and or financial planner to see how to best maximize the CTC.”
Rabbi Dovid Katz, director of the Rabbinical Alliance of America remarked, “we thank President Biden and Mr. Weissman for making the Orthodox community feel comfortable and for giving us a seat at the table. By including the Rabbinical Alliance of America, President Biden has demonstrated his commitment to understanding the needs of the Orthodox community. We look forward to our continued collaboration in helping our fellow Americans.”