Tax Policy Center

family taxes

: Daily Deduction
Hillary Clinton’s tax proposals would raise $1.1 trillion, mostly from the wealthy. TPC released its analysis of her tax plan yesterday. She’d raise taxes on businesses and high-income households; modestly reduce the incentives to work, save, and invest; and make the tax code more complex. Her
March 3, 2016Renu Zaretsky
Individual Taxes: TaxVox
co-authored with William G. Gale While most of the tax drama these days is focused on the fate of 50+ mostly-business tax breaks that expired nearly a year ago, lawmakers are also debating two provisions that are enormously important to low- and moderate-income households-the Child Tax Credit (CTC
December 3, 2014Elaine MaagWilliam G. Gale
Individual Taxes: TaxVox
At an AEI panel discussion earlier this week, Senator Mike Lee (R-Utah) unveiled the Family Fairness and Opportunity Tax Reform Act . The centerpiece is an additional $2,500 tax credit for all children under age 17. The plan retains the $1,000 child tax credit under current law. Unlike the current
September 19, 2013Elaine Maag
Individual Taxes: TaxVox
The 2001-10 tax cuts placed substantial emphasis on “pro-family” tax reform. The more prominent features favoring families with children included a doubling of the Child Tax Credit (CTC) to $1,000 per child and making it broadly refundable , increasing the Earned Income Tax Credit (EITC) for
December 19, 2012Elaine Maag