Tax Policy Center

American Rescue Plan Act

State and Local Issues: TaxVox

The Big Stakes for Treasury’s American Rescue Plan State Tax Cut Guidance

The American Rescue Plan (ARP) sends $350 billion to state and local governments with very few strings attached. Unlike the CARES Act , which originally...
March 26, 2021Richard C. Auxier
Individual Taxes: TaxVox

The Child Tax Credit Grows Up to Lift Millions of Children Out of Poverty

Last week, President Biden signed the American Rescue Plan (ARP) into law. And the Child Tax Credit (CTC) that began life in 1998 as a...
March 16, 2021Elaine MaagNikhita Airi
Federal Budget and Economy: TaxVox

TPC Releases A New Distributional Analysis Of The Pandemic Relief Bill  

The Tax Policy Center has published a new distributional analysis the American Rescue Plan (ARP) that incorporates several relatively minor tax provisions that were not...
March 11, 2021Howard Gleckman