On the Map Federal Policy
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January 26, 2021
Child Tax Credit Enhancements Under the American Rescue Plan
President Joe Biden’s coronavirus relief package, the American Rescue Plan, includes a significant expansion of the Child Tax Credit (CTC). The president’s proposal provides a $125 billion boost in funding for the program, which would essentially double the size of the existing federal credit for households with children. Combined with existing law, the CTC provisions in Biden's plan would provide a 37.4 percent income boost to the poorest 20 percent of families with children who make $21,300 or less a year. -
December 21, 2020
National and State-by-State Estimates of New $600 Cash Payments
The House and Senate are about to pass the first COVID-19 relief legislation since the CARES Act was enacted in March. The new relief package includes, among other provisions, cash payments of $600 per person, which is half as large as the payments provided under the CARES Act, but also extends payments to spouses and children of certain undocumented immigrants who were left out of the previous payments. -
Former Vice President Joe Biden’s proposals to change the tax code would raise revenue directly from households with income exceeding $400,000. More precisely, Biden proposes to raise personal income taxes on unmarried individuals and married couples with taxable income exceeding $400,000, and he also proposes to raise payroll taxes on workers with earnings exceeding $400,000. Just 1.9 percent of taxpayers would see a direct tax hike (an increase in either personal income taxes, payroll taxes, or both) if Biden’s tax proposal were in effect in 2022. The share of taxpayers affected in each state would vary from a low of 0.6 percent in West Virginia to a high of 3.7 percent in Connecticut. -
February 26, 2020
How Long Has It Been Since Your State Raised Its Gas Tax?
10 states to have gone two decades or more without a gas tax increase.