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Families Helped by the Child Tax Credit Expansion Work Hard in Low-Paying Jobs: Nursing Home Aides, Cooks, Pre-School Teachers, and Construction Workers Would Get a Boost

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Publication Date: May 2008

Publisher(s): Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Sharon Parrott; Arloc Sherman

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Banking and finance (Taxation and tax policy)

Keywords: Economic projections; Federal budget; Income diversity; Tax code

Type: Report

Abstract:

The tax "extenders" bill adopted last week in the House Ways and Means Committee (H.R. 6049) would temporarily expand the Child Tax Credit by lowering the earnings threshold that families must meet to qualify for the refundable portion of the credit.