Child Tax Credit and Metropolitan Families
Posted by on August 04, 2010
We recently released a new factsheet titled “The Child Tax Credit after ARRA: How Would Expiration Affect Metropolitan Families?”
http://www.brookings.edu/papers/2010/0708_child_tax_credit_kneebone.aspx
The Child Tax Credit’s $3,000 earnings threshold put into place by the American Recovery and Reinvestment Act (ARRA) is set to expire after tax year 2010. This factsheet uses our MetroTax model to estimate the number of working families that would see their Child Tax Credit (CTC) reduced or eliminated if policymakers allow the Child Tax Credit’s earnings threshold to revert to pre-ARRA levels.
Estimates are presented for each state and for the 100 largest metro areas.
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