Tax Policy Center

earned income tax credit

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
The Family Security Act 2.0 (FSA 2.0) framework introduced this past June by Senators Mitt Romney (R-UT), Steve Daines (R-MT), and Richard Burr (R-NC) emerged...
December 8, 2022Nikhita Airi
Individual Taxes: TaxVox
This blog has been revised, reflecting TPC’s recalculated analysis of proposals to reduce business taxes that are under discussion in Congress. TPC’s initial analysis over-estimated...
December 7, 2022Howard Gleckman
Individual Taxes: TaxVox
The American Rescue Plan’s (ARP) expanded Child Tax Credit (CTC) would reduce child poverty in a typical year below 10 percent in 47 states –...
September 8, 2021Elaine Maag
Individual Taxes: TaxVox
Talk about playing against type: The tax cuts in President Biden’s American Rescue Plan (ARP) are among the biggest one-year tax reductions in modern US...
March 16, 2021Howard Gleckman
Individual Taxes: TaxVox
President Biden and House Way & Means Committee Democrats have proposed increasing the earned income tax credit (EITC) for workers without children at home –...
February 15, 2021Elaine Maag
Individual Taxes: TaxVox
Capitalism produces a dizzying array of products and, in the process, generates an enormous amount of wealth. But capitalism creates a problem in that the...
January 21, 2021Leonard E. Burman
: TaxVox
President-elect Joe Biden proposed a new $1.9 trillion pandemic relief plan last night that would substantially cut taxes for low- and moderate-income households, especially those...
January 15, 2021Howard Gleckman
Individual Taxes: TaxVox
The coronavirus recession has dealt a devastating blow to millions of US workers with consequences that could persist for years.
October 13, 2020Nikhita Airi
Individual Taxes: TaxVox
As parents learn how many days (if any) their children will be in a physical school this fall, many are preparing to provide care for...
July 28, 2020Elaine Maag