Tax Policy Center

ACTC

Individual Taxes: TaxVox

The Lowest-Income Families Could Receive Larger Child Tax Credits With A Few Changes To The Tax Code

The child tax credit (CTC) provides a credit of up to $2,000 per child for families with children under 17. But low-income families often get...
April 5, 2019Elaine Maag
Individual Taxes: TaxVox

Delayed refunds? Looks like delayed filing, too.

Today could be a big day for many low- and moderate-income families. February 15 is the first day those who claim either an earned income...
February 15, 2017Elaine Maag
Individual Taxes: TaxVox

Cash-Constrained Families Will Have To Wait For EITC and Child Credit Refunds

Americans have grown accustomed to getting substantial tax refunds soon after they file their returns, especially if they turn in their paperwork early. But starting...
December 21, 2016Elaine Maag
Individual Taxes: TaxVox

Reforming the Child Tax Credit for Low-Income Workers

Congress could significantly help low-income families with children by making current eligibility rules for the Child Tax Credit (CTC) permanent. If lawmakers allow the current threshold to expire as scheduled after 2017, families with children in the lowest income quintile will lose almost $700.
December 9, 2015Elaine Maag
: TaxVox

“They Said That They Would Do It and Indeed They Did.” 


“ Oh, what a night …” but no shut down. Ted Cruz and a handful of allies succeeded in delaying the Senate vote on the 2015 budget, but they couldn’t stop it. The $1.1 trillion spending bill was approved late Saturday night by a vote of 56-40 . And three months into the fiscal year, most of the
December 15, 2014Renu Zaretsky