Tax Policy Center

low-income households

Federal Budget and Economy: TaxVox
The Tax Policy Center has updated its estimate of the percentage of Americans who pay no federal individual income taxes. And the number is: 44...
September 5, 2018Philip StallworthDaniel Berger
Individual Taxes: TaxVox
Lawmakers of both parties have been talking about restructuring the refundable tax credits, such as the earned income tax credit and the child tax credit,...
September 14, 2017Elaine Maag
Individual Taxes: TaxVox
The Child and Dependent Care Tax Credit (CDCTC) does not work for low-income families. It fails on three counts – the credit is nonrefundable, covers only a portion of expenses, and comes long after expenses have been incurred. Senators Jeanne Shaheen (D-NH), Barbara Boxer (D-CA), Patty Murray (D-
July 28, 2014Elaine Maag
Individual Taxes: TaxVox
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
Campaigns, Proposals, and Reforms: TaxVox
House Ways & Means Committee Chair Dave Camp’s tax reform plan would make many changes to the two major refundable tax credits aimed at assisting...
March 11, 2014Elaine Maag
Individual Taxes: TaxVox
My blog last Tuesday on overblown concerns about people falsely claiming subsides under the Affordable Care Act’s insurance exchanges generated a lot of response. Much...
July 18, 2013Howard Gleckman