Tax Policy Center

stimulus payments

: TaxVox

Where Are Families Most at Risk of Missing Out on the Expanded Child Tax Credit?

The expanded and fully refundable child tax credit (CTC) will lift millions of children out of poverty in 2021. But many very low-income children may...
October 21, 2021Aravind Boddupalli
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

Are The American Rescue Plan’s Tax Cliffs Really Such A Big Deal?

Are American Rescue Plan’s Tax Cliffs Really Such A Big Deal? Economists hate cliffs. But the tax cliffs in the ARP may not be so bad.
March 23, 2021Howard Gleckman
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
Individual Taxes: TaxVox

Where Is My Income Tax Refund?

Hope you had a Happy Tax Day. I’m still waiting for my refund. I filed my 2019 individual income tax return electronically on May 1...
July 16, 2020Howard Gleckman
Federal Budget and Economy: TaxVox

Did Adding Trump’s Name Slow Down The Mailing of Stimulus Checks? Of Course It Did

Did the Treasury Department’s decision to put President Trump’s name on the coronavirus stimulus checks slow the mailing of those checks? Of course it did,...
April 30, 2020C. Eugene Steuerle
Individual Taxes: TaxVox

Are Dead People Eligible For Coronavirus Recovery Rebates?

Can heirs keep a Coronavirus Recovery Rebate that the Internal Revenue Service sent to a dead person? If the decedent passed away this year, the...
April 27, 2020Janet Holtzblatt
Federal Budget and Economy: TaxVox

What Should We Call Those COVID-19 Recovery Rebates?

Defying the skeptics (including me ), the Internal Revenue Service last week began depositing direct payments of $1,200 for adults (plus $500 per child under...
April 22, 2020Janet Holtzblatt
Federal Budget and Economy: TaxVox

Recession Recovery: Using Purchases To Both Reduce Unemployment And Increase Demand

The current recession derives from two sources: demand and supply. On the demand side, consumers are purchasing fewer durable goods (e.g., automobiles) and spending much...
April 20, 2020C. Eugene Steuerle
Federal Budget and Economy: TaxVox

Who Should Pay For The Economic Relief From The COVID-19 Crisis?

As Republicans and Democrats joined hands to provide the most recent of what might be several stages of relief from our national pandemic crisis, almost...
April 13, 2020C. Eugene Steuerle