Tax Policy Center

children

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
Individual Taxes: TaxVox
Senators Mike Lee (R-UT) and Marco Rubio (R-FL) made a big splash with their “ Economic Growth and Family Fairness Tax Plan ” last month, which among other things would create a new partially refundable $2,500 per child tax credit (CTC). The plan is ambitious and expensive, but it may hurt many low
March 19, 2015Leonard E. Burman