Abstract

Using the US Department of the Treasury's tax model with an updated race and Hispanic ethnicity (RH) imputation, we find that Hispanic and Black families are not more likely than White families to benefit from the Earned Income Tax Credit (EITC) or Child Tax Credit (CTC) within strata defined by income, RH, filing status, and the presence of children. Average EITC and CTC benefits are still generally higher for Hispanic families, but average CTC benefits are generally lower for Asian and Hispanic families who are married with children.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.