Showing posts with label Child Tax Credit. Show all posts
Showing posts with label Child Tax Credit. Show all posts

Saturday, July 26, 2025

How the ‘big, beautiful bill’ will deepen the racial wealth gap – a law scholar explains how it reduces poor families’ ability to afford food and health care

  President Donald Trump has said the “big, beautiful bill” he signed into law on July 4, 2025, will stimulate the economy and foster financial security.

  But a close look at the legislation reveals a different story, particularly for low-income people and racial and ethnic minorities.

  As a legal scholar who studies how taxes increase the gap in wealth and income between Black and white Americans, I believe the law’s provisions make existing wealth inequalities worse through broad tax cuts that disproportionately favor wealthy families while forcing its costs on low- and middle-income Americans.

Wednesday, January 26, 2022

Why getting Congress to fund help for US children in poverty is so hard to do

  The Build Back Better bill, the centerpiece of the Biden administration’s domestic policy, cleared the House of Representatives by a slender margin largely along party lines in November 2021.

  Legislative progress came to a sudden stop a month later when Sen. Joe Manchin announced, in a Fox News interview, that he would not support it. Without the West Virginian’s vote, Senate Democrats lacked the majority they needed to pass the bill.

  Manchin raised concerns about inflation and objected to several of the measure’s energy provisions. He also had qualms about a program that had been temporarily helping, according to one estimate, over 90% of the children in his state: the expansion of the child tax credit.

Sunday, September 27, 2020

The truth about President Trump’s track record on child care

  On January 20, 2017, reporters at The Washington Post interviewed people who attended President Donald Trump’s inauguration. One of the attendees was a single mother of two from Maryland who worked as a massage therapist; she said that she hoped Trump would follow through on his pledge to make child care more affordable. Yet four years later, as the coronavirus crisis enters its seventh month in the United States, parents are struggling to find child care as they work essential jobs or attempt to work from home while supervising children.

  Not only has Trump failed to deliver on his promise of making child care affordable for families, his administration’s inability to control the COVID-19 pandemic and provide adequate funds to safely reopen and fund child care has threatened the collapse of the entire industry. Due to these policy failures, many child care providers have been forced to shut their doors for good—and many more will follow suit if they do not receive federal help soon.

Saturday, April 27, 2019

Five reasons why strengthening the EITC and CTC is the kind of tax reform America needs

  As Americans filed their taxes this season—a process filled with confusion for many and startlingly small refunds for some—Democrats in Congress offered a sharp contrast to President Donald Trump’s unpopular tax law in the form of two ambitious tax plans that actually work for working families. While Trump’s 2017 tax law rewrote the tax code to further enrich millionaires, billionaires, and wealthy corporations, congressional Democrats’ proposals—the American Family Act (AFA) and the Working Families Tax Relief Act (WFTRA)—would double down on two of the tax code’s most effective income boosters for working and middle-class families: the earned income tax credit (EITC) and the child tax credit (CTC).

Monday, November 27, 2017

Five reasons communities of faith should be alarmed by the tax bill

  President Donald Trump, House Speaker Paul Ryan (R-WI), and many other GOP lawmakers have continually referenced faith and religion when referring to public policy. President Trump’s public remarks have increasing been laced with religious rhetoric—from invoking the Lord to support his declaration of opioid addiction as a national health emergency to his appeal to God to bless the world after launching military strikes in Syria. Similarly, when a policy crisis on gun violence reemerged in the wake of the Sutherland Springs, Texas, massacre, Speaker Ryan immediately reverted to religious rituals urging prayer for the community, but stopping short of a call for legislation to address gun violence—something he is well positioned to do.

Tuesday, November 7, 2017

4 losers and 1 big winner in the House GOP tax plan

  On November 2, House Republicans released a tax plan that would provide an enormous windfall for corporations and the wealthiest Americans. In fact, of the more than $1.4 trillion in tax cuts included in the bill over the next decade, $1 trillion would go to businesses and corporations, and nearly $200 billion would go towards reducing, and eventually eliminating, the estate tax. Millionaires would enjoy the biggest tax cuts of all thanks to the corporate tax cuts, the elimination of the estate tax and alternative minimum tax, reduced tax rates on higher incomes, and the creation of a special new loophole on so-called passthrough business income.

Sunday, April 17, 2016

A Blueprint for cutting poverty and expanding opportunity in America

  Many congressional Republicans—led by Speaker Paul Ryan (R-WI)—have been talking a good game when it comes to tackling poverty. Speaker Ryan took an “anti-poverty tour,” released a white paper, and hosted a summit on poverty for the GOP presidential candidates along with Sen. Tim Scott (R-SC) earlier this year. Most recently, Ryan announced the formation of a task force on poverty made up entirely of members of the House Republican caucus.

  Bipartisan interest in tackling poverty would certainly be a welcome development. Unfortunately, House majority leaders have not matched their new rhetoric with updated policies. The fiscal year 2017 House budget—which, once again, is a recipe for exacerbating poverty and inequality in America—provides a stark reminder of their priorities. While Speaker Ryan talks about his commitment to cut poverty, the House budget generates three-fifths of its spending cuts from programs that help low- and moderate-income Americans. If enacted, it would slash investments in nutrition assistance, tax credits for working families, child care, job training, education, health care, transportation, infrastructure, and more—all to pay for tax cuts for the wealthy.