Tax Policy Center

HEROES Act

Individual Taxes: TaxVox

Expanding The Child Tax Credit: Full Refundability And Larger Credit

The Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES Act), passed by the House of Representatives, would temporarily expand the child tax credit (CTC)...
May 26, 2020Elaine Maag
Individual Taxes: TaxVox

TPC Estimates The HEROES Act Would Substantially Cut Individual Income Taxes  

The major individual income tax provisions in the House-passed Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act would cut taxes by an average of...
May 22, 2020Howard Gleckman
State and Local Issues: TaxVox

TPC Analyzes Five Ways To Replace The SALT Deduction Cap

The $10,000 annual limit on the state and local tax (SALT) deduction was one of the most contentious provisions of the 2017 Tax Cuts and...
May 14, 2020Frank Sammartino