Tax Model Analysis Options to Increase the EITC and CTC (August 2024)

Simulation Run August 29, 2024
  • T24-0053 – Extend Expansion of EITC for Workers without Qualifying Children Enacted by American Rescue Plan (ARP); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2025
  • T24-0060 – Extend Expansion of EITC for Workers without Qualifying Children and Expansion of Child Tax Credit Enacted by American Rescue Plan (ARP); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2025
  • T24-0059 – Extend Expansion of EITC for Workers without Qualifying Children and Expansion of Child Tax Credit Enacted by American Rescue Plan (ARP); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2025
  • T24-0058 – Extend Expansion of Child Tax Credit Enacted by American Rescue Plan (ARP) and Increase Maximum CTC by $2,400 per Child Under 1 Year Old; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2025
  • T24-0057 – Extend Expansion of Child Tax Credit Enacted by American Rescue Plan (ARP) and Increase Maximum CTC by $2,400 per Child Under 1 Year Old; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2025
  • T24-0056 – Extend Expansion of Child Tax Credit Enacted by American Rescue Plan (ARP); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2025
  • T24-0055 – Extend Expansion of Child Tax Credit Enacted by American Rescue Plan (ARP); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2025
  • T24-0054 – Extend Expansion of EITC for Workers without Qualifying Children Enacted by American Rescue Plan (ARP); Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2025
  • Simulation Run August 29, 2024
  • 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
  • Simulation Run August 29, 2024
  • T24-0062 – Extend Expansion of EITC for Workers without Qualifying Children and Expansion of Child Tax Credit Enacted by American Rescue Plan (ARP), and Increase Maximum CTC by $2,400 per Child Under 1 Year Old; Dist. of Fed. Tax Chg. by ECI Pctl., 2025