The Case for Extending State-level Child Tax Credits to Those Left Out
Expanding the Child Tax Credit at the state level could lift millions of children out of poverty and help families who benefited little or not at all from the 2017 federal expansion of the Child Tax Credit, according to a 50-state report by the Institute on Taxation and Economic Policy and the Center on Poverty and Social Policy at Columbia University.
The report, The Case for Extending State-Level Child Tax Credits to Those Left Out: A 50-State Analysis, outlines two bold options for creating state-level CTCs. The first would reduce child poverty by at least 15 percent in all but four states. The second, more ambitious option would reduce child poverty by at least 25 percent in all states and up to 45 percent in more than half of states.