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Who is a Nonpayer?

CBO Projections of Spending and Tax Credits

The Basics of President Obama’s State of the Union Tax Plan

The Twelve Most Important Provisions in the Latest Tax Bill

Does the Loss of the Child Tax Credit Change Incentives to Work?

Income Tax Credits Paired with Numerous Tax Increases in Wisconsin Gov. Evers’ Budget

Lawmakers Envision Different Paths for the Child Tax Credit

As the TCJA expiration nears, lawmakers face difficult choices in reforming the CTC. While revenue, distributional and economic effects are important, lawmakers should also focus on simplifying the rules and reducing the administrative challenges.

Evaluating the Proposed Tax Changes in Illinois Governor’s FY 2025 Budget

In his FY 2025 budget, Illinois Gov. Pritzker outlined a number of proposed tax changes, including to individual and corporate income taxes, state sales taxes, and sports betting excise taxes.

Summary of the Latest Federal Income Tax Data, 2024 Update

The 2021 tax year was the fourth since the Tax Cuts and Jobs Act (TCJA) made many significant, but temporary, changes to the individual income tax code to lower tax rates, widen brackets, increase the standard deduction and child tax credit, and more.

Tax Foundation University