Tax Model Analysis Options to Repeal the Child Tax Credit and Exemption for Dependents (July 2016)

These tables show the impact on individual income tax revenue of options to repeal the child tax credit (CTC) and the exemption for dependents; and the distribution of benefits under current law of the CTC and the personal exemption for dependents under age 18. Estimates are shown by both income level and percentile for all tax units and by filing status, presence of children, and elderly status for 2014. Revenue estimates are provided for 2014-23 calendar and fiscal years.

Simulation Run July 25, 2016
  • T16-0134 - Options to Repeal the Child Tax Credit and Exemption for Dependents: Impact on Tax Revenue ($ Billions), 2014-23, Baseline: Current Law
    • Simulation Run July 25, 2016
  • T16-0135 - Tax Benefit of the Child Tax Credit, by Expanded Cash Income Level, 2014
  • T16-0136 - Tax Benefit of the Child Tax Credit, by Expanded Cash Income Percentile, 2014
  • T16-0137 - Tax Benefit of the Personal Exemption for Dependents under 18, by Expanded Cash Income Level, 2014
  • T16-0138 - Tax Benefit of the Personal Exemption for Dependents under 18, by Expanded Cash Income Percentile, 2014
  • T16-0139 - Tax Benefit of the Child Tax Credit and the Personal Exemption for Dependents under 18, by Expanded Cash Income Level, 2014
    • Simulation Run July 25, 2016
  • T16-0140 - Tax Benefit of the Child Tax Credit and the Personal Exemption for Dependents under 18, by Expanded Cash Income Percentile, 2014