TaxVox: Low-income households

photo of the state capitol building in Trenton, New Jersey

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...

Individual Taxes

Which DC Residents Haven’t Gotten Their Economic Impact Payments Yet?

March 12, 2021 –

In March 2020, Congress started down the rather unusual but not unprecedented path of sending people checks to help them deal with effects of the...

State and Local Issues

Are State and Local Tax Systems Colorblind?

March 10, 2021 –

Tax policies are commonly viewed as race-neutral or “colorblind”— simply because information on race or ethnicity is not reported on tax returns or explicitly referenced...

Federal Budget and Economy

Congress Could Make COVID-19 Relief Payments Fairer, Less Costly, and More Stimulative

February 11, 2021 –

Republicans and some leading economists have raised concerns about the cost, fairness, and stimulative effects of proposed cash payments in the pandemic relief legislation Congress...

Campaigns, Proposals, and Reforms

TPC Finds the Ways & Means Pandemic Relief Plan Mostly Helps Low- and Moderate-Income Households, But Higher Income Families Benefit as Well

February 10, 2021 –

The major tax provisions of the pandemic relief bill proposed by House Ways & Means Committee Democrats on January 8 would reduce 2021 federal taxes...