Tax Policy Center

income tax reform

Individual Taxes: TaxVox

Misguided Expansion of the Child Tax Credit

Congresswoman Lynn Jenkins (R-KN) wants to expand the child tax credit (CTC) with the Child Tax Credit Improvement Act of 2014. She’s on the right track, but her proposed expansions are ill-targeted and fail to address the credit’s biggest looming issue: the change in refundability that will hit
June 30, 2014Elaine Maag
: Daily Deduction

Repatriation, Havens, and Tax Reform Abroad

A repatriation tax holiday? It’s expensive. The Joint Committee on Taxation estimates that such a holiday would cost $95.8 billion in revenue over the next decade, though it would bring in about $19.6 billion over the first two years. Some lawmakers raised the idea of temporarily reducing US
June 10, 2014Renu Zaretsky