Tax Policy Center

child tax credit

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
Individual Taxes: TaxVox
Representatives Nicole Malliotakis (R-NY) and Michelle Steel (R-CA) have introduced the Working Families Tax Cut Act to increase the standard deduction – which would increase...
June 8, 2023Elaine Maag
Federal Budget and Economy: TaxVox
House Republicans have, at least temporarily, redefined what they mean by a tax increase. By doing so, they have turned their backs on their decades-old...
May 2, 2023Howard Gleckman
Individual Taxes: TaxVox
Benefits from safety net programs such as the Supplemental Nutrition Assistance Program (SNAP, formerly food stamps) and tax programs such as the Earned Income Tax...
April 20, 2023Amelia CoffeyHannah DalyElaine Maag
Individual Taxes: TaxVox
President Biden’s fiscal year 2024 budget would revive 2021’s enhanced child tax credit (CTC) with some new twists that seek to make the credit work...
March 31, 2023Elaine Maag
Federal Budget and Economy: TaxVox
The revenue provisions of President Biden’s fiscal year 2024 budget would lower after-tax incomes by an average of about $2,300 next year, according to a...
March 23, 2023Howard Gleckman
Federal Budget and Economy: TaxVox
A First Look At The Revenue Provisions Of Biden’s 2024 Budget President Biden’s 2024 budget would raise taxes by more than $4.5 trillion over the...
March 9, 2023Howard Gleckman
Federal Budget and Economy: TaxVox
In a year when child poverty has risen substantially following the expiration of temporary tax benefits, Washington intransigence over raising the debt ceiling could put...
February 22, 2023Elaine Maag
Individual Taxes: TaxVox
Talks on the expansion of the Child Tax Credit appear to have stalled, with a key sticking point being opposition of some lawmakers to making...
December 14, 2022Elaine Maag