Instead of slowly raising the child credit to $1,000, we should send the checks to American families now. The tax relief is for everyone who pays income taxes, and it will help our economy immediately: 92 million Americans will keep, this year, an average of almost $1,100 more of their own money; a family of 4 with an income of $40,000 would see their Federal income taxes fall from $1,178 to $45 per year;