Bloomberg: Tax Code Inequities Fuel Call for IRS to Collect Race-Based Data

The structure of the Child Tax Credit, for instance, “leaves behind some of our lowest-income children of color,” because of the way the credit is phased in as earnings increase, said Meg Wiehe, deputy director of the Institute on Taxation and Economic Policy, citing a 2019 report from the Columbia University Center on Poverty and Social Policy. ITEP, like other think tanks, has been analyzing racial disparities in tax policy. Read more