Tax Policy Center

family taxes

Federal Budget and Economy: TaxVox

Children Deserve More than Shutdown Threats and Continuing Resolutions

The House and Senate passed a bill to keep the federal government funded through early next year. This avoids a shut down and all the...
November 16, 2023Elaine MaagC. Eugene Steuerle
Federal Budget and Economy: TaxVox

Why Are Dependents Over Age 16 Still Ineligible for Economic Impact Payments?

Over 20 million people—dependents who are college students, adults with disabilities, or elderly parents cared for by their adult children—were missed when calculating economic impact payments not once, but twice. Why?
January 6, 2021Renu Zaretsky
: Daily Deduction

How would Hillary Clinton pay for her tax plan?

Hillary Clinton’s tax proposals would raise $1.1 trillion, mostly from the wealthy. TPC released its analysis of her tax plan yesterday. She’d raise taxes on businesses and high-income households; modestly reduce the incentives to work, save, and invest; and make the tax code more complex. Her
March 3, 2016Renu Zaretsky
Individual Taxes: TaxVox

Why the More Generous Child and Earned Income Tax Credits Should Be Made Permanent

co-authored with William G. Gale While most of the tax drama these days is focused on the fate of 50+ mostly-business tax breaks that expired nearly a year ago, lawmakers are also debating two provisions that are enormously important to low- and moderate-income households-the Child Tax Credit (CTC
December 3, 2014Elaine MaagWilliam G. Gale
Individual Taxes: TaxVox

Senator Lee’s New Reform Plan Focuses on Young Children

At an AEI panel discussion earlier this week, Senator Mike Lee (R-Utah) unveiled the Family Fairness and Opportunity Tax Reform Act . The centerpiece is...
September 19, 2013Elaine Maag
Individual Taxes: TaxVox

Toppling Over the Fiscal Cliff Could Cost Low-Income Families $1,000 in Reduced Tax Credits

The 2001-10 tax cuts placed substantial emphasis on “pro-family” tax reform. The more prominent features favoring families with children included a doubling of the Child...
December 19, 2012Elaine Maag