CLASP

This report presents findings from a survey of families with children conducted in July 2022 on the impacts of the CTC in the United States and Puerto Rico.

The release of 2021 poverty and health insurance coverage data from the U.S. Census Bureau demonstrates how government action in response to the pandemic stabilized households, uplifted millions of people from poverty, and brought uninsurance rates to historic lows.

Two recent surveys of low- to moderate-income parents in the continental U.S. and Puerto Rico demonstrate the importance of the Child Tax Credit (CTC), finding that the CTC is reaching a majority of families and increasing their ability to afford basic necessities.

The Earned Income Tax Credit (EITC) is one of the United States’ most effective antipoverty programs. This brief highlights the EITC eligibility criteria for young workers.

For the CTC to have its full impact policy makers must do more to ensure that all eligible families are able to access it.

Parents reported that the monthly Child Tax Credit (CTC) advance payments have reduced financial stress, helped them to afford necessities and, for about one-quarter of respondents receiving monthly payments, work more hours outside of the home, according to a new national survey.

A nationally representative sample of 1,031 households with children under 18 with incomes below $150,000 was polled in the first two weeks of July, prior to initial distribution of advance Child Tax Credit (CTC) payments by the IRS.

The Census Bureau annual release on income, poverty, and health insurance coverage shows that government investments in 2020 successfully reduced poverty.

Public benefit programs such as Medicaid, the Supplemental Nutrition Assistance Program (SNAP), and Temporary Assistance for Needy Families (TANF) and refundable tax credits like the Child Tax Credit provide critical supports to help people meet their basic needs, but too often, individuals and families are…

This report outlines federal tax policy principles to provide a framework for policymakers and advocates that uses an economic and racial justice perspective to assess the range of proposals they will evaluate in the next few years.