永久可退还的儿童和受抚养人照顾抵税额如何影响资格、福利和激励?

IF 0.5 Q4 ECONOMICS

PUBLIC FINANCE REVIEW Pub Date : 2021-03-19 DOI:10.1177/10911421221092053

Gabrielle Pepin

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引用次数: 0

摘要

联邦儿童和受抚养人照顾信贷(CDCC)补贴工薪家庭的儿童照顾费用。在2021年之前，CDCC是不可退还的，因此只有在其他扣除后纳税义务为正的家庭才能受益。我估计了CDCC的资格，福利和边际税率将如何变化，如果信贷是永久退还。根据可退还性，大约5%的单亲父母获得资格，平均每年获得超过1000美元。黑人和西班牙裔家庭的资格增幅最大。中等收入纳税人的边际税率增幅很小。

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How Would a Permanently Refundable Child and Dependent Care Credit Affect Eligibility, Benefits, and Incentives?

The federal Child and Dependent Care Credit (CDCC) subsidizes child care costs for working families. Before 2021, the CDCC was nonrefundable, so only families with positive tax liability after other deductions benefited. I estimate how CDCC eligibility, benefits, and marginal tax rates would change if the credit were made permanently refundable. Under refundability, some 5 percent of single parents gain eligibility and receive on average over $1,000 annually. Eligibility increases are largest among Black and Hispanic households. Increases in marginal tax rates among moderate-income taxpayers are small.

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来源期刊

PUBLIC FINANCE REVIEW ECONOMICS-

CiteScore

1.30

自引率

0.00%

发文量

期刊介绍： Public Finance Review is a professional forum devoted to US policy-oriented economic research and theory, which focuses on a variety of allocation, distribution and stabilization functions within the public-sector economy. Economists, policy makers, political scientists, and researchers all rely on Public Finance Review, to bring them the most up-to-date information on the ever changing US public finance system, and to help them put policies and research into action. Public Finance Review not only presents rigorous empirical and theoretical papers on public economic policies, but also examines and critiques their impact and consequences. The journal analyzes the nature and function of evolving US governmental fiscal policies at the national, state and local levels.