May 22, 2019

LIFT the Middle Class Act


Data available for download

The LIFT (Livable Incomes for Families Today) the Middle Class Act would create a new tax credit of up to $3,000 for single people and up to $6,000 for married couples, which would be an addition to existing tax credits. Eligible taxpayers would be allowed a credit equal to the maximum amount or their earnings, whichever is less. Income limits would prevent well-off households from receiving the credit.

For more information, see the ITEP report, Understanding Five Major Federal Tax Credit Proposals.

Lead Sponsor/Proponent

General Explanation

Share Going to Bottom 60%

Share Going to Richest 20%
Total Cost
CY 2020
Sen. Kamala Harris New credit
in addition to existing credits
82% 1% $270.9 billion

State Impact    National Impact    Who Benefits?    Distribution by Race