The Child and Dependent Care Tax Credit (CDCTC) has been around since 1976; the average amount claimed on returns for 1976 was $206 (or $857 in 2015 dollars). For 2015, the average amount claimed was $565, or about 34 percent less in real terms.
January 8, 2018
In 2015, the largest number of taxpayers who claimed the Earned Income Tax Credit (EITC) had incomes between $10,000 and $15,000. The same income group of taxpayers claimed the largest dollar amount of credits.
January 1, 2018
In 2017, state excise taxes on beer ranged from $0.02 per gallon in Wyoming to $1.29 per gallon in Tennessee. In other words, people in Tennessee paid about 71 cents more per six-pack of beer than people in Wyoming.
December 25, 2017