Tax Policy Center

EITC

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
After dramatically rising during the worst of the pandemic, the number of households who pay no federal income tax has fallen sharply. It will remain...
October 27, 2022Howard Gleckman
Individual Taxes: TaxVox
As Congress struggles to develop a scaled back version of President Biden’s Build Back Better (BBB) plan, some observers (including my TPC colleague Howard Gleckman...
February 15, 2022Elaine MaagHeather Hahn
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