The Child Tax Credit (CTC), expanded under the American Rescue Plan Act (ARPA) of 2021, dramatically reduced child poverty across the United States in 2021, but it did not reach all eligible families equally. Immigrant families continued to face barriers in learning about and claiming their tax...
In 2017, the Tax Policy Center published “The Synthetic Control Method as a Tool to Understand State Policy,” a guide for using the synthetic control method (SCM) as a quantitative adjunct to case studies. With it, analysts can evaluate cases in which there is a single treated unit and no...
In 2010, Abadie, Diamond and Hainmueller used the synthetic control method to analyze a cigarette tax implemented in California in 1988. Since then, this method has been increasingly popular, with the original article garnering more than four thousand citations. Part of the synthetic control...
The Tax Cuts and Jobs Act of 2017 (TCJA) dramatically changed tax law, including how taxpayers deduct the interest on their home mortgages. It narrowed the deduction in several ways, so we would expect new mortgages to be smaller than old ones. But it also raised most taxpayers’ after-tax...
The Tax Cuts and Jobs Act of 2017 (TCJA) dramatically changed tax law. It narrowed the subsidy on mortgage interest in several ways, which should lower mortgages and home prices; it also increased most taxpayers’ after-tax incomes, which should have the opposite effect. Thus, the TCJA’s overall...
Federal, state, and local government officials are increasingly paying attention to reforms of fines and fees. These constitute a small share of total revenues, but they can be particularly harmful because of unjust policing and sentencing practices. This research report first explores how much...
Foreign investors, retirement accounts, and other tax-exempt entities now dominate US stock ownership. This shift has important implications for understanding who wins and who loses...
Although last year’s temporary expansion of the child tax credit (CTC) dramatically reduced child poverty across the US, government outreach efforts struggled to connect immigrant families with their tax benefits.
The synthetic control method (SCM) is a relatively new and valuable tool that makes it possible to measure state or local policy against a theoretical...
