Tax credit refundability and child care prices evidence from California Luke P. Rodgers
By: Rodgers, Luke P
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Material type: 
ArticleSubject(s): IMPUESTOS | GASTOS FISCALES | NIÑOS | CUIDADOS | INCIDENCIA Y TRASLACION | PRECIOS | ESTADOS UNIDOS | MODELOS ECONOMETRICOS
In:
National Tax Journal v. 76, n. 1, March 2023, p. 95-118Summary: A common critique of nonrefundable tax credits is that benefits are limited for low-income households. Costs often dominate the refundability debate, yet how much households benefit from refundability depends on the incidence of the credit in question. California provides a unique opportunity to study how eliminating refundability of child care tax credits affects child care prices while holding other policy dimensions fixed. Using county-level price and tax return data, this study finds that nonrefundability corresponds with lower child care prices. If the price response is symmetrical and quality adjustments are limited, refundability may benefit low-income families less than the cost of the program would suggest.
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| OP 233/2023/1 National Tax Journal | OP 233/2023/1-1 Price isn't everything | OP 233/2023/1-2 Revealing values | OP 233/2023/1-3 Tax credit refundability and child care prices | OP 233/2023/2 National Tax Journal | OP 233/2023/2-1 Bias in tax progressivity estimates | OP 233/2023/2-2 The effect of tax price on donations |
Resumen.
Bibliografía.
A common critique of nonrefundable tax credits is that benefits are limited for low-income households. Costs often dominate the refundability debate, yet how much households benefit from refundability depends on the incidence of the credit in question. California provides a unique opportunity to study how eliminating refundability of child care tax credits affects child care prices while holding other policy dimensions fixed. Using county-level price and tax return data, this study finds that nonrefundability corresponds with lower child care prices. If the price response is symmetrical and quality adjustments are limited, refundability may benefit low-income families less than the cost of the program would suggest.
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