The Increased Antipoverty Effects of the Expanded Childless Earned Income Tax Credit in 2021
This fact sheet examines the impacts of the 2021 American Rescue Plan expansion of the childless portion of the Earned Income Tax Credit on poverty rates. For all childless adults, but especially for young adults, the temporary expansion of the childless Earned Income Tax Credit enhanced its antipoverty effects.
A Step in the Right Direction: The Expanded Child Tax Credit Would Move the United States’ High Child Poverty Rate Closer to Peer Nations
The United States has one of the highest rates of child poverty among wealthy democracies. The expanded Child Tax Credit would move the U.S. child poverty rate closer to the mainstream: from 31st to 24th among the 34 advanced democracies with comparable data.