Statements (71)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:tax_policy
|
| gptkbp:administered_by |
gptkb:Internal_Revenue_Service_(IRS)
|
| gptkbp:advocated_for |
child advocacy groups
|
| gptkbp:aims_to |
reduce child poverty
|
| gptkbp:eligibility |
families with dependent children
|
| gptkbp:expansion |
gptkb:American_Rescue_Plan_Act_of_2021
|
| gptkbp:first_introduced |
gptkb:1997
|
| https://www.w3.org/2000/01/rdf-schema#label |
Child Tax Credit (CTC)
|
| gptkbp:increased |
gptkb:COVID-19_pandemic
|
| gptkbp:introduced |
gptkb:U._S._Congress
|
| gptkbp:is_affected_by |
changes in tax law
|
| gptkbp:is_available_in |
low-income families
middle-income families |
| gptkbp:is_claimed_on |
federal income tax return
|
| gptkbp:is_considered_as |
a tool for economic stimulus
a response to economic inequality a progressive tax measure |
| gptkbp:is_criticized_for |
political disagreements
inequitable distribution complex eligibility requirements temporary nature of benefits |
| gptkbp:is_debated_in |
single parents
married couples |
| gptkbp:is_discussed_in |
gptkb:media_coverage
budget proposals legislative hearings policy forums tax reform debates economic policy analyses |
| gptkbp:is_evaluated_by |
non-profit organizations
administrative efficiency tax policy analysts long-term effects on families impact on child well-being effectiveness in poverty reduction impact on labor force participation |
| gptkbp:is_linked_to |
better health outcomes
improved family stability increased savings rates reduced financial stress improved educational outcomes increased consumer spending increased access to healthcare increased child care access |
| gptkbp:is_part_of |
social safety net programs
federal budget discussions child welfare policy federal tax relief measures federal assistance programs child support policies taxpayer relief initiatives U. S. tax code |
| gptkbp:is_promoted_by |
gptkb:political_leaders
gptkb:economic_recovery community organizations advocacy campaigns a family-friendly policy a means to support working families a vital support for families. |
| gptkbp:is_related_to |
gptkb:Earned_Income_Tax_Credit_(EITC)
|
| gptkbp:is_reviewed_by |
Congress annually
|
| gptkbp:is_subject_to |
income phase-out limits
|
| gptkbp:is_supported_by |
economic research
|
| gptkbp:is_used_to |
offset tax liabilities
|
| gptkbp:provides |
$3,000 for children aged 6 to 17
$3,600 for children under 6 financial support to families |
| gptkbp:refundable |
partially refundable
|
| gptkbp:values |
up to $2,000 per qualifying child
|
| gptkbp:bfsParent |
gptkb:IRS
|
| gptkbp:bfsLayer |
5
|