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Op-Ed

Presidential Candidates’ Dueling Child Credit Expansions Explained

Tax Notes Federal

October 7, 2024

The Trump-Vance and Harris-Walz presidential campaigns have each recently proposed large expansions to the child tax credit (CTC). Both proposals might be intended to appeal to similar voters, but they vary significantly regarding budgetary cost, distribution of benefits, and effect on work incentives. This article compares the proposed expansions with the current Tax Cuts and Jobs Act CTC and the scheduled post-TCJA CTC.

Read the full PDF here.