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Table shows the distributional effects by expanded cash income level of implementing an additional $1,000 credit (YCTC) for families with children under the age of 5 relative to a current law baseline. The credit would phase-in at a rate of 50 percent starting at the first dollar of earnings. The family would still get their current CTC with no changes.
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T17-0203 - Young Child Tax Credit Options; Change in Individual Income Tax Revenue, 2017-2026
T17-0212 - Increase Maximum Child Tax Credit (CTC) to $1,330; Distribution of Federal Tax Change by Expanded Cash Income Level, 2017
T17-0211 - Option 4: New $1,000 Young Child Tax Credit (YCTC) for Children < 3 With $0 Earnings Threshold; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0210 - Option 4: New $1,000 Young Child Tax Credit (YCTC) for Children < 3 With $0 Earnings Threshold; Distribution of Federal Tax Change by Expanded Cash Income Level, 2017
T17-0209 - Option 3: New $1,500 Young Child Tax Credit (YCTC) for Children < 5 With $0 Earnings Threshold; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0208 - Option 3: New $1,500 Young Child Tax Credit (YCTC) for Children < 5 With $0 Earnings Threshold; Distribution of Federal Tax Change by Expanded Cash Income Level, 2017
T17-0207 - Option 2: New $1,000 Young Child Tax Credit (YCTC) for Children < 5; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0206 - Option 2: New $1,000 Young Child Tax Credit (YCTC) for Children < 5; Distribution of Federal Tax Change by Expanded Cash Income Level, 2017
T17-0205 - Option 1: New $1,000 Young Child Tax Credit (YCTC) for Children < 5 With $0 Earnings Threshold; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
T17-0213 - Increase Maximum Child Tax Credit (CTC) to $1,330; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017
