Model Estimate T21-0023 – Increase Child Tax Credit (CTC) Amount to $3,000 ($3,600 for Under 6), Extend CTC to Eligible 17 Year-Olds, and Make CTC Fully Refundable by Expanded Cash Income Percentile, 2021 t21-0023.xls
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Table shows the distributional impact, by expanded cash income percentile, of: increasing the CTC amount to $3,000 ($3,600 for children under 6), expanding eligibility to 17 year olds; and making the credit fully refundable regardless of income.

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Model Estimates Type Distribution Tables by Income Percentile
Primary topic Campaigns, Proposals, and Reforms
Topics Current legislative proposals Child tax credit (CTC)/Child and dependent care tax credit (CDCTC) Income tax (individual) Tax credits (individual)
Model Estimate Resources