Tax Policy Center

EITC

Individual Taxes: TaxVox
To paraphrase Tolstoy , all simple families are alike; each complicated family is complicated in its own way. So when the tax code aims to...
September 27, 2021Janet Holtzblatt
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
State and Local Issues: TaxVox
Bigger State EITCs Are Simple, Affordable, and Effective Currently, 28 states offer their own EITC . (Missouri and Washington State will join the list in...
August 23, 2021Richard C. Auxier
Individual Taxes: TaxVox
A key feature of President Biden’s effort to expand government support for low-income families is its increase in the earned income tax credit (EITC) for...
August 3, 2021C. Eugene Steuerle
: TaxVox
On Monday, the U.S. Treasury Department released much-anticipated guidance for the American Recovery Plan ’s (ARP) $350 billion in direct state and local aid ,...
May 13, 2021Richard C. Auxier
Federal Budget and Economy: TaxVox
Pandemic bill would Cct taxes by an average of $3,000, with most relief going to low- and middle-income households, according to a new TPC analysis...
March 8, 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
Campaigns, Proposals, and Reforms: TaxVox
The major tax provisions of the pandemic relief bill proposed by House Ways & Means Committee Democrats on January 8 would reduce 2021 federal taxes...
February 10, 2021Howard Gleckman
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
Federal Budget and Economy: TaxVox
The pandemic relief bill Congress is about to pass is loaded with tax provisions. Some deliver important assistance to households and businesses damaged by...
December 21, 2020Howard Gleckman