Tax Policy Center

child tax credit

Individual Taxes: TaxVox
A tax plan drafted by Senate Finance Committee Chair Ron Wyden (D-OR) and House Ways and Means Committee Chair Jason Smith (R-MO) has restarted a...
January 25, 2024Nikhita AiriJohn Buhl
Business Taxes: TaxVox
While Congress is likely to nit-pick the compromise business and child tax credit tax bill designed by top Capitol Hill tax writers, there is broad...
January 23, 2024Howard Gleckman
Business Taxes: TaxVox
Legislation to temporarily enhance certain business tax deductions and the child tax credit (CTC) would boost after-tax incomes for households by an average of $160...
January 19, 2024John Buhl
Individual Taxes: TaxVox
Under a plan to temporarily expand the child tax credit (CTC), unveiled yesterday by Senate Finance Committee Chair Ron Wyden (D-OR) and House Ways and...
January 18, 2024John Buhl
Individual Taxes: TaxVox
Fast-approaching government shutdown deadlines in Congress are providing renewed momentum for an expansion of the Child Tax Credit (CTC). A targeted CTC expansion would deliver...
January 10, 2024Nikhita AiriMichael Karpman
Individual Taxes: TaxVox
A recent hearing of the House Ways and Means Committee’s Subcommittee on Tax Policy brought attention to an important topic: How can the tax code...
January 4, 2024Leonard E. Burman
Federal Budget and Economy: TaxVox
Want to know why the budget deficit is enormous and growing? One reason is that when one political party in Congress proposes new tax cuts...
December 4, 2023Howard Gleckman
Individual Taxes: TaxVox
As another year comes to a close, families are again waiting to see if Congress will expand the Child Tax Credit (CTC). Although the CTC...
November 29, 2023Elaine Maag
State and Local Issues: TaxVox
It’s been two years since the expiration of the expanded child tax credit (CTC), a temporary provision of the American Rescue Plan that effectively provided...
September 12, 2023Joseph BroadusNikhita Airi
State and Local Issues: TaxVox
From the start of calendar year 2021 to today, 48 states and the District of Columbia have cut taxes. The only holdouts are Alaska and...
July 20, 2023Richard C. Auxier