Who Would Benefit from Tax Credit Expansion?
A report from the Urban Institute examines how the Tax Cuts and Jobs Act could have redesigned the Child Tax Credit (CTC) and Earned Income Tax Credit (EITC) to provide greater benefits to low-income people. The report describes proposed expansions to the CTC and EITC that would largely benefit workers in the bottom two-fifths of the income distribution, particularly people with extremely low incomes.