Kris Cox
krisycox.bsky.social
Kris Cox
@krisycox.bsky.social
Director of Federal Tax Policy @centeronbudget.bsky.social
Tax, budget, policy, racial and economic justice | Views are my own
she/her
About 20M lower-income kids in working fams wld be left out of the full $2,500 max credit in 2026. ($2,500 in place 2025-28.) These families’ median income is about $23,000. See state table. More than 15M of these kids wld have fared better under last year’s bipartisan bill.
May 12, 2025 at 11:26 PM
May 12, 2025 at 2:46 AM
May 12, 2025 at 2:44 AM
Exactly. Temporary expansion of the #CTC to give higher-income families an extra $500 per kid, while 17 million kids in working families get nada, $0, nothing.

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May 10, 2025 at 1:16 PM
May 10, 2025 at 1:14 PM
The initial House tax bill in a nutshell

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May 10, 2025 at 3:59 AM
The tradeoffs couldn't be clearer.

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May 10, 2025 at 3:58 AM
In sharp contrast to what they do on the #CTC for kids who could most use it

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May 10, 2025 at 3:57 AM
The initial bill text shows the House plan is skewed to the wealthy, has costly timing gimmicks, and barely helps people and families who need it.

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May 10, 2025 at 3:53 AM
The vast majority of the 17M kids left out of the $2k credit are in working families. Their parents work important but low-paying jobs and include an estimated 363,000 cashiers, 266,000 home health & personal care aides, and 251,000 cooks, among others.
May 10, 2025 at 3:10 AM