TaxVox: Low-income households

Families With Children Often Pay Less In Taxes Than Their Childless Peers, But Policymakers Could do More

July 31, 2024 –

In a 2021 interview , Republican Vice Presidential candidate JD Vance indicated that families with children should pay less in taxes than childless taxpayers at...

State and Local Issues

As Congress Debates a More Generous Child Tax Credit, 11 States Already Deliver a Fully Refundable CTC

March 7, 2024 –

A bipartisan tax plan that overwhelmingly passed in the House is now stuck in the Senate in part because of proposed changes to the child...

Individual Taxes

Evidence Suggests Expanding The Child Tax Credit Could Ease Hardship Among Families With Kids

January 10, 2024 –

Fast-approaching government shutdown deadlines in Congress are providing renewed momentum for an expansion of the Child Tax Credit (CTC). A targeted CTC expansion would deliver...

Individual Taxes

Pro-Growth Tax Policy For Working Families

January 4, 2024 –

A recent hearing of the House Ways and Means Committee’s Subcommittee on Tax Policy brought attention to an important topic: How can the tax code...

photo of the state capitol building in Trenton, New Jersey

State and Local Issues

Reviewing Three Years of State Tax Cuts

July 20, 2023 –

From the start of calendar year 2021 to today, 48 states and the District of Columbia have cut taxes. The only holdouts are Alaska and...

Photo of the US Capitol Building from the west side

Individual Taxes

Who Would Benefit From Restoring The Full CTC, EITC, and The TCJA’s Business Tax Breaks?

December 7, 2022 –

This blog has been revised, reflecting TPC’s recalculated analysis of proposals to reduce business taxes that are under discussion in Congress. TPC’s initial analysis over-estimated...

Individual Taxes

TPC: The Number Of Those Who Don’t Pay Federal Income Tax Drops To Pre-Pandemic Levels

October 27, 2022 –

After dramatically rising during the worst of the pandemic, the number of households who pay no federal income tax has fallen sharply. It will remain...

Many Low-Income Families May Not Get the Full Child Tax Credit Because They Won’t File A Tax Return

March 8, 2022 –

From July to December, the IRS delivered advanced payments of the 2021 expanded child tax credit (CTC) to the families of over 61 million children...

Individual Taxes

Delivering Tax Benefits to People Who Are Experiencing Homelessness

April 15, 2021 –

By approving a third round of economic impact payments (EIPs) and expanding refundability of the Child Tax Credit, Congress has made refundable tax credits a...

Federal Budget and Economy

New Data Tools and Methods Can Help Federal Policymakers Create More Equitable Tax Policy

March 22, 2021 –

On his first day in office, President Biden signed an executive order acknowledging the toll of structural racism in the United States and initiating a...