Today’s post on our chart book on the pro-work Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) focuses on the most glaring hole in the EITC: it largely excludes childless adults and non-custodial parents. President Obama and House Ways and Means Chairman Paul Ryan (R-WI) have advanced important proposals to address this problem, and, as Chairman Ryan said this week, his proposal “basically mirrors the president’s
Our last post on our new chart book highlighted ground-breaking research suggesting that the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) help families at virtually every stage of life. Today, we’ll explain why making several key CTC and EITC provisions permanent should be a top priority for Congress.
Our first post in this series introduced our chart book on the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC), focusing on their well-known benefits of encouraging work and reducing poverty. Today, we’ll highlight recent ground-breaking research suggesting that the EITC and CTC help families at virtually e
As Congress returns to work this week, a key area of potential bipartisan agreement is strengthening two vital tax credits for working families: the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC). This series of posts will highlight our new chart book on the credits, which encourage work, help offset the cost of raising children, and lift millions out of poverty.