Search and filter by content type, issue area, author, and keyword
March 28, 2024
…providing corporate tax relief, the legislation would change the CTC in four ways. First, the maximum CTC benefit would be indexed to inflation. Second, the maximum refundable credit would increase…
March 4, 2024
…encourage marriage, they should focus on increasing the maximum CTC benefit rather than increasing the CTC’s phase-in for families with multiple children. 72% of single moms work. It is thus…
February 27, 2024
…H.R. 7024, we recommend several improvements to its CTC provisions, including provisions to retain and provisions to drop. Provisions to Retain Increase the Maximum CTC to Account for the Rising…
January 19, 2024
…Tax Credit’s annual income requirement by allowing individuals to calculate their eligibility using their current or prior year’s income, whichever year maximizes the family’s benefit. We show that for the…
January 12, 2024
…maximum benefit. Adopting the 2021 maximum credit amounts of up to $3,600 would cost upwards of $80 billion per year. Modest reforms to the Child Tax Credit that support working families could…
December 11, 2023
…and with 2 to 6 percent in Slovenia, Austria, Italy, Iceland, Sweden, Germany, Japan, Denmark, and Switzerland. In fact, of the full list of 29 countries with data in the…
November 14, 2023
In 2021, Democrats succeeded in temporarily expanding the child tax credit (CTC) as part of President Biden’s American Rescue Plan. Previously, the maximum CTC of $2,000 per child was available only…
October 11, 2023
…example, the maximum income a family of four could have and still receive SNAP is currently just under $41,000 in every state except Alaska and Hawaii. The SNAP eligibility threshold…
October 5, 2023
…Part D subsidies. For example, the maximum income a family of four could have and still receive SNAP is currently just under $41,000 in every state except Alaska and Hawaii….
September 18, 2023
…country, an estimated 930,000 additional housing units could be created annually (depending on the maximum allowed density) over the next 30 to 40 years. This moderate density increase would expand…