13

Nov 17

News Round-Up: November 13, 2017

As Congress continues a heated debate over tax reform, studies from tax policy experts found that the two latest GOP plans would do little to boost tax credits for working families.
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8

Nov 17

New Video: Tax Credits Help Millions of Veterans and Service Members Make Ends Meet

As Congress continues to debate tax reform, this Veterans Day is a good time to remember just how important the...
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31

Oct 17

Proposal to Overhaul Child Tax Credit Would Significantly Lower Poverty Rate

New legislation proposed by U.S. Senators Michael Bennet (D-CO) and Sherrod Brown (D-OH) would significantly lower child poverty rates by radically expanding the Child Tax Credit (CTC) and creating a tax credit for children under age six.
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30

Oct 17

News Round-Up: October 30, 2017

U.S. Senators Michael Bennet (D-CO) and Sherrod Brown (D-OH) have proposed new legislation – the American Family Act of 2017 – that would dramatically expand the Child Tax Credit and introduce a new credit, the Young Child Tax Credit. Researchers believe the proposal would cut the child poverty rate by an estimated 45 percent — lifting more than 7 million children out of poverty.
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27

Oct 17

Refundable Tax Credits Helped Push Child Poverty Rates to Record Low

Federal safety net programs, including refundable tax credits, have driven a steep decline in child poverty over the last several decades, according to a new report from the Center on Budget and Policy Priorities.
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26

Oct 17

Former White House National Economic Advisor Proposes an “EITC for All”

Gene Sperling, the former national economic advisor to Presidents Clinton and Obama, believes true tax relief for American workers should include an expansion of the EITC for workers without dependent children, a group that has been overlooked in past EITC expansions.
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23

Oct 17

News Round-Up: October 23, 2017

An in-depth look by PolitiFact at the White House tax reform framework, found that while the plan has few specifics about Child Tax Credit (CTC) reform, it is one of the few aspects of the proposal that will benefit low-income working families.
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13

Oct 17

Senate Democrats Introduce Tax Plan that Includes Expansion of EITC and CTC

Two Senate Democrats have committed to expanding the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) as part of “tax reform that rewards work.”
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10

Oct 17

News Round-Up: October 10, 2017

U.S. Senators Tammy Baldwin (D-WI) and Cory Booker (D-NJ) released a new tax plan, the Stronger Way Act, which includes an expansion of the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) to benefit low-income Americans. Specifically, the plan would grow the size of the existing EITC, expand the credit for workers without dependent children, make the CTC refundable and grow the size of the credit.
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3

Oct 17

Bipartisan Coalition Urges Congress to Expand the Child Tax Credit

A bipartisan group of think tanks, advocacy organizations and individuals released a joint statement today calling on Congress to make major improvements to the Child Tax Credit (CTC).
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2

Oct 17

News Round-Up: October 2, 2017

On CBS’s “Face the Nation” Sunday, House Speaker Paul Ryan defended the GOP tax reform framework released last week, crediting the proposed Child Tax Credit (CTC) expansion with helping to provide tax relief for middle-income families. Speaker Ryan also suggested that Congress was “still looking at” expanding the Earned Income Tax Credit (EITC) for childless workers as part of tax reform
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28

Sep 17

GOP Tax Reform Framework Includes Child Tax Credit Expansion

Expanding the Child Tax Credit (CTC) continues to be a top priority for Congressional Republicans, as evidenced by the GOP tax reform framework released yesterday.
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25

Sep 17

News Round-Up: September 25, 2017

A new report from the Institute on Taxation and Economic Policy (ITEP) urges states to use their tax codes to fight poverty by enacting and expanding state-level tax credits
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20

Sep 17

Could This New Tax Credit Alleviate Child Poverty?

A new plan to implement a Young Child Tax Credit (YCTC) could bring much-needed relief to  low-income families with children under the age of five.
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18

Sep 17

News Round-Up: September 18, 2017

U.S. Senator Sherrod Brown (D-OH) and Representative Ro Khanna (D-CA) introduced the Grow American Incomes Now (GAIN) Act in the House and Senate, which would double the Earned Income Tax Credit (EITC) for eligible workers, increase the credit for workers without dependent children and lower the qualifying age.
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