In 2017, when Washington was focused on the size of the tax cut, Senator Marco Rubio was focused on who received a tax cut. He understood that we cannot have a strong nation if we do not have strong families, which is why he successfully fought against Wall Street, big multinational corporations, and even some in his own party to expand the Child Tax Credit to help ease the cost of raising a family.
“[F]or Mr. Rubio, it was a natural extension of the promise he believes the Republican Party had made, and was in danger of abandoning, to look out for the little guy,” the New York Times wrote.
When the president signed the Tax Cuts and Jobs Act into law, it contained Marco’s expansion of the Child Tax Credit from $1,000 to $2,000 per child and, for the first time, made the first $1,400 refundable against an individual’s payroll taxes.
One independent analysis found that Floridians with two children would see their average income tax liability drop by 13.3 percent. Lower income communities would benefit significantly from the expanded and newly refundable Child Tax Credit. A former U.S. Treasury economist said Marco’s change “gives 4.7 million parents in the $20-40K range an additional tax cut of $250 or more above the [previous] Senate bill.”Passing pro-family policy in Washington is never easy, but as the Miami Herald noted, “Rubio had his own leverage to exert” in his fight for Florida’s families. A former Trump administration official observed, “there was division in the White House” about the Child Tax Credit, but Marco “was determined to keep fighting for that” and ultimately won. And he will keep fighting for America’s hardworking families, no matter what.