Institute on Taxation and Economic Policy

March 9, 2021

NPR: Tax Credit Could Lower Child Poverty More in 2021 Than Any Year in History

Media Mention

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The Institute on Taxation and Economic Policy has just estimated that the bottom 60% of Americans by income would receive an increase in their incomes of 11% on average, and then the bottom 20% would receive an increase of 33% on average. So we are living through one of the largest boosts to family incomes, I think, that may have ever happened, at least at this pace, in U.S. history. Read more