Tax Policy Center

Options to Modify The Refundability of the Child Tax Credit (November 2023)

Campaigns, Proposals, and Reforms: Revenue Tables

T23-0086 – Options to Modify Refundability of the Child Tax Credit (CTC); Baseline: Current Law; Impact on Tax Revenue (billions of current dollars), 2023-32 Calendar Years

Table shows the revenue effects of various changes to the Child Tax Credit, calendar years 2023-2032.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T23-0087 – Make the CTC Fully Refundable; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2023

Table shows the distribution of tax changes by expanded cash income level making the CTC fully refundable, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T23-0088 – Make the CTC Fully Refundable; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2023

Table shows the distribution of tax changes by expanded cash income percentile making the CTC fully refundable, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T23-0089 – Make the CTC Fully Refundable for Children Under 6 Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2023

Table shows the distribution of tax changes by expanded cash income level making the CTC fully refundable for children under 6, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T23-0090 – Make the CTC Fully Refundable for Children Under 6; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2023

Table shows the distribution of tax changes by expanded cash income percentile of making the CTC fully refundable for children under 6, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T23-0091 – Repeal CTC Earned Income Threshold; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2023

Table shows the distribution of tax changes by expanded cash income level of repealing the CTC earned income threshold, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T23-0092 – Repeal CTC Earned Income Threshold; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2023

Table shows the distribution of tax changes by expanded cash income percentile of repealing the CTC earned income threshold, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T23-0093 – Repeal CTC Refundability Limit Enacted by the 2017 Tax Act; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2023

Table shows the distribution of tax changes by expanded cash income level of repealing the CTC refundability limit enacted by the 2017 Tax Act, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T23-0094 – Repeal CTC Refundability Limit Enacted by the 2017 Tax Act; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2023

Table shows the distribution of tax changes by expanded cash income percentile of repealing the CTC refundability limit enacted by the 2017 Tax Act, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T23-0095 – Increase CTC Refundability Rate from 15% Per Tax Unit to 15% Per Child; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2023

Table shows the distribution of tax changes by expanded cash income level of increasing the CTC refundability rate from 15% per tax unit to 15% per child, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T23-0096 – Increase CTC Refundability Rate from 15% Per Tax Unit to 15% Per Child; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2023

Table shows the distribution of tax changes by expanded cash income percentile of increasing the CTC refundability rate from 15% per tax unit to 15% per child, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T23-0097 – Repeal the CTC Earned Income Threshold, Repeal the Refundability Limit Enacted by the 2017 Tax Act, and Increase the Refundability Rate from 15 Percent per Tax Unit to 15 Percent per Child; Baseline: Current Law; Distribution of Federal Tax Cha

Table shows the distribution of tax changes by expanded cash income level of repealing the CTC earned income threshold, repealing the refundability limit enacted by...
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T23-0098 – Repeal the CTC Earned Income Threshold, Repeal the Refundability Limit Enacted by the 2017 Tax Act, and Increase the Refundability Rate from 15 Percent per Tax Unit to 15 Percent per Child; Baseline: Current Law; Distribution of Federal Tax Cha

Table shows the distribution of tax changes by expanded cash income percentile of repealing the CTC earned income threshold, repealing the refundability limit enacted by...
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T23-0099 – $1,000 Per Child Minimum Refundable Credit; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2023

Table shows the distribution of tax changes by expanded cash income level of establishing a $1,000 per child minimum refundable CTC, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T23-0100 – $1,000 Per Child Minimum Refundable Credit; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2023

Table shows the distribution of tax changes by expanded cash income percentile of establishing a $1,000 per child minimum refundable CTC, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T23-0101 – Phase the CTC in from $0 to $10,000 of Earnings; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2023

Table shows the distribution of tax changes by expanded cash income level of phasing the CTC in from $0 to $10,000 of earnings, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T23-0102 – Phase the CTC in from $0 to $10,000 of Earnings; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2023

Table shows the distribution of tax changes by expanded cash income percentile of phasing the CTC in from $0 to $10,000 of earnings, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T23-0103 – Increase the maximum CTC to $3,000; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2023

Table shows the distribution of tax changes by expanded cash income level of increasing the maximum CTC to $3,000 per child, 2023.
November 28, 2023
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T23-0104 – Increase the maximum CTC to $3,000; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2023

Table shows the distribution of tax changes by expanded cash income percentile of increasing the maximum CTC to $3,000 per child, 2023.
November 28, 2023