Among more limited proposals, we find that targeting younger children with an unconditional benefit (no income phase-in) is the best way to reduce overall child poverty due to higher costs and higher poverty rates faced by families with young children.
#Another word for lame duck full#
The ARPA CTC, with full refundability, no income phase-in, and a larger benefit amount per child, represents the policy with the greatest child poverty impact-an estimated 40 percent decrease in child poverty with full take-up(1). Instead, we provide analysis of proposals to date to approximate the impacts of varying each of these parameters.
We do not test every possible configuration of the above policy parameters. Other options may achieve roughly a third to half of the poverty impact: modifying the Tax Cuts and Jobs Act (TCJA) CTC to introduce unconditionality for below-school-age children and a faster phase-in rate can decrease child poverty by up to 12 percent and deep child poverty by 22 percent. An extension of the ARPA child tax credit represents the greatest anti-poverty impacts.
All of these choices impact the poverty-fighting potential of the Child Tax Credit.
The need for bipartisan support will likely resurface past contentions: whether the policy should be unconditional, with no minimum income requirement for all or part of the benefit whether present benefit amounts should be increased whether benefits should be unconditional to some children or households and how quickly a benefit should phase in, if conditioned on income. Sixty votes, including bipartisan support, would be necessary to pass a continuing resolution to extend any version of the CTC. In this brief, we review recent CTC proposals and simulate the effects of varying key parameters that may feature in lame-duck negotiations on a CTC tax extension. While some Democratic legislators have signed a “dear colleague” letter opposing an extension of corporate research and development (R&D) tax credits without simultaneous tax cuts for children through the CTC, the specific scope of an extended CTC provision is unclear. Advocates for the expanded CTC passed in the American Rescue Plan Act (ARPA) hope the policy may pass through “tax extenders,” year-end extensions of expiring tax provisions often passed through consolidated appropriations, which can make an expiring policy permanent with various reforms, or renew it for additional years. SummaryĬhild Tax Credit (CTC) reform may become a focus of the 2022 congressional, “lame duck” session as both Democratic and Republican proponents see the window for the legislation closing with a split legislature after the midterms.
#Another word for lame duck pdf#
I'll tell him what is a lame duck, and that is trying to get into Downing Street on the back of Alex Salmond’s coat tails, never mind talk of ducks, I am looking at Alex Salmond’s poodle.By Halah Ahmad, Jack Landry and Stephen Nuñezĭownload the full PDF here for best reading experience. When the blind man carries the lame man, both go forward. I don’t know why this had to be done on Day One, it makes it much less likely that we ’ll deal with the disability problem until the lame duck session - and that wo n’t provide a good result for American taxpayers. It's a real wild card in the House whether (Speaker John) Boehner is going to be empowered by this larger majority or whether they're going to be a bigger thorn in his side in the way we've seen in the past, so as we look to whether the relative harmony and lack of drama of this lame-duck period can continue in the new Congress, I think that's going to be a major factor. Mettlesome, crippled, halt, spirited, halting, gamy, gritty, feeble, gamey, spunky, gimpy, gameĭeprive of the use of a limb, especially a legĪ lot of people on something this important do not want to have it passed or rejected by a lame duck Congress. Rickety, faint, debile, halt, nerveless, sapless, halting, crippled, weakly, feeble, gimpy, infirm, decrepit, game, weakĬrippled, halt, halting, lame, gimpy, game verb Pathetically lacking in force or effectiveness Someone who doesn't understand what is going onįoursquare, square toes, square, public square, second powerĪ fabric interwoven with threads of metal Princeton's WordNet Rate these synonyms: 0.0 / 0 votes
0 kommentar(er)
