Welcome to Our Research Archive
Search and filter by content type, issue area, author, and keyword
March 28, 2024
An Early Look at the Child Tax Credit Changes in the Tax Relief for American Families and Workers Act of 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
Social conservatives who care about marriage should think twice about a “per-child” refundable Child Tax Credit
…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
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, 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…
February 7, 2024
Child Tax Credit Bill Would Increase Marriage Penalties for Working Single Mothers
…apply the proposed $1,800 maximum refundable CTC. The per-child refundable CTC is 45 percent of earned income above $2,500 before phasing out as the non-refundable CTC phases in. We apply…
January 29, 2024
Per-Child Benefit in Wyden-Smith Child Tax Credit Bill Would Discourage Full-Time Work for Families with Multiple Children
…amount as the maximum non-refundable CTC. Second, it would begin indexing the maximum non-refundable CTC with inflation. Third, it would apply a one-year lookback for qualifying for the refundable portion…
January 29, 2024
Let’s Not Turn the Child Tax Credit Into Welfare
…the maximum per-child benefit would be pegged to inflation, allowing it to rise above $2,000 in future years. A heated debate over these changes has quickly emerged. Democrats have emphasized…
January 19, 2024
The Work Incentive and Employment Effects of Eliminating the Child Tax Credit’s Annual Income Requirement
…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
Congress Shouldn’t Expand Welfare in Return for Corporate Tax Cuts
…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…
October 11, 2023
CHANGING THE OFFICIAL POVERTY MEASURE WOULD HELP RICH STATES AND HURT POOR STATES
…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
Changing the Official Poverty Measure Would Help Rich States and Hurt Poor States
…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….