Model Estimate T22-0188 - Repeal Child Tax Credit (CTC) Earned Income Threshold, by ECI Level, 2023 t22-0188.xls
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Table shows the change in the distribution of federal taxes, by expanded cash income level in 2023, of repealing the child tax credit (CTC) earned income threshold of $2,500. Under the proposal, the credit amount would be potentially refundable beginning with the first dollar of earned income.

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Model Estimates Type Distribution Tables by Income Level
Primary topic Campaigns, Proposals, and Reforms
Topics Current legislative proposals Child tax credit (CTC)/Child and dependent care tax credit (CDCTC) Income tax (individual) Low-income households
Model Estimates from the same Simulation Run December 14, 2022
Model Estimate
T22-0187 - Options to Expand Refundability of the Child Tax Credit (CTC), Impact on Tax Revenue, 2023-32 Fiscal Years
Model Estimate Resources