T24-0061 – Extend Expansion of EITC for Workers without Qualifying Children and Expansion of CTC Enacted by American Rescue Plan (ARP), and Increase Maximum CTC by $2,400 per Child Under 1 Year Old; Distribution of Fed. Tax Chg by ECI Level, 2025

Table shows the distribution of tax changes by expanded cash income level of increasing the maximum Child Tax Credit to $3,000 per child or $3,600 per child under age 6 as enacted by the American Rescue Plan, and further increasing the maximum credit to $6,000 per child under age 1, and increasing the maximum Earned Income Tax Credit for workers without qualifying children to $1,502, 2025.  For a discussion of the distribution metrics presented in this table, see Measuring the Distribution of Tax Changes.