Child Tax Credit
The 2021 temporary expansion of the Child Tax Credit (CTC) is unprecedented in its reach and is predicted to cut American child poverty by more than half. In order to understand the effect that the expansion has on American families, the Social Policy Institute has conducted several research studies.
The first study, a nationally representative survey, seeks to understand how families use their tax credit and its effect on their employment and wellbeing. This research is ongoing and will examine the impacts of the CTC on family household well-being through 2022. Additionally, using the Census’ House Pulse Survey data, researchers at the institute analyzed usages of the credit state-by-state and the CTC’s effect on employment nationally.
The most recent national survey report, published by Brookings Institution on April 13, 2022, is accessible here.