Tax Policy Center

HEROES Act

Individual Taxes: TaxVox

The COVID-19 Pandemic Drove A Huge, But Temporary, Increase in Households That Did Not Pay Federal Income Tax

The COVID-19 pandemic and the policy response to it led to an extraordinary increase in the number of American households that owed no federal individual income tax in 2020. The Tax Policy Center estimates that last year more than 107 million households, or nearly 61 percent, owed no income tax or even received tax credits from the government.
August 18, 2021Howard Gleckman
Individual Taxes: TaxVox

Families Can Use the Child Care Tax Credit to Pay for Informal Day Care, But the System Can Be Improved

The COVID-19 pandemic is changing the face of child care.
December 30, 2020Elaine MaagNikhita Airi
Federal Budget and Economy: TaxVox

How Much Will Households Receive from Round Two of the Economic Impact Payments?

Was it really last May that the House of Representatives passed the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, which would have authorized...
December 28, 2020Janet Holtzblatt
Federal Budget and Economy: TaxVox

Congress Could Provide Much Needed Assistance By Approving A New Round Of Cash Stimulus Payments

Congress continues to struggle to reach agreement on a new round of economic relief for millions of people suffering from the effects of the coronavirus pandemic.
September 9, 2020Elaine Maag
Federal Budget and Economy: TaxVox

There Will Be No Showdown Over The Next COVID-19 Stimulus Bill. Pelosi Already Won.

Looking forward to the great partisan battle over the next COVID-19 relief bill? You may be disappointed. Nancy Pelosi already has won.
July 28, 2020Howard Gleckman
Business Taxes: TaxVox

Should Congress Pump Money Into Businesses By Shifting The Timing Of Tax Benefits?

Should Congress manipulate the timing of business tax benefits to support firms in the midst of the COVID-19 economic slump? And if so, how?
June 19, 2020Howard Gleckman
Federal Budget and Economy: TaxVox

If Trump Curbs New COVID-19 Aid To State and Local Governments, He Will Help Defund The Police

President Trump has taken a strong position against calls by some on the political left to “defund” police departments. At the same time, he continues...
June 10, 2020Howard Gleckman
Business Taxes: TaxVox

Congress May Soon Choose Between Wage Credits Or More Unemployment Benefits

With the May jobless rate at 13.3 percent —an improvement over April but still terrible-- policymakers are considering many ideas to support workers in the...
June 5, 2020Howard Gleckman
Individual Taxes: TaxVox

HEROES Act Would Expand The EITC For Childless Workers And Help Fight Recession

The Health and Economic Recovery Omnibus Emergency Solutions Act , HEROES Act, would substantially increase the earned income tax credit (EITC) for workers without children...
June 3, 2020Elaine Maag
Individual Taxes: TaxVox

Are We Headed For A New Era of Income Tax Deduction Creep?

Congress can’t seem to end its love affair with tax deductions. For a brief period starting with then-House Ways & Means Committee Chair Dave Camp’s...
May 28, 2020Howard Gleckman