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September 19, 2024

Government benefit programs already do a lot to help low income families

Politicians, policy analysts, and advocates have proposed increasing the generosity of the Child Tax Credit (CTC), as a means of providing more resources to low-income families with children. Before deciding whether to expand the CTC and by how much, policymakers should be aware of existing tax and transfer policies that already provide a substantial amount…

August 28, 2024

Some Context Behind JD Vance’s Child Tax Credit Comments

Recently, GOP Vice Presidential nominee JD Vance said on Face the Nation “We should expand the child tax credit… I’d love to see a child tax credit that’s $5,000 per child.” He further proposed that the expanded credit be extended to “all American families,” emphasizing disparities in the availability of the current child tax credit…

March 4, 2024

Social conservatives who care about marriage should think twice about a “per-child” refundable Child Tax Credit

The United States Senate is currently debating H.R. 7024, a House-passed bill that would modify the Child Tax Credit (CTC) in several ways. One of the most consequential changes would increase the rate at which the refundable portion of the credit phases in, from the current 15% rate applied to all families to 15% times…

February 27, 2024

Options for Improving the Child Tax Credit Provisions in H.R. 7024, the Tax Relief for American Families and Workers Act of 2024

H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, passed the House on January 31, 2024 and now faces an uncertain fate in the Senate. The bill is intended to offer something for both Republicans and Democrats—business tax cuts and an expansion of the Child Tax Credit (CTC). But this bargain—which…