How refundable tax credits can advance gender and racial equity Elaine Maag, Amy Matsui and Kathryn Menefee
By: Maag, Elaine
.
Contributor(s): Matsui, Amy | Menefee, Kathryn.
Material type: 
ArticleSubject(s): IMPUESTOS | GASTOS FISCALES | BONIFICACIONES TRIBUTARIAS | MUJERES | MADRES | MINORIAS ETNICAS | POBREZA | POLITICA FISCAL | IGUALDAD | ESTADOS UNIDOS
In:
National Tax Journal v. 76, n. 3, September 2023, p. 743–763Summary: The federal tax code is progressive — taxpayers with higher incomes pay a greater share of their income in taxes than taxpayers with lower income. The federal tax system also provides many benefits that favor those with high incomes over those with low incomes. Women, and especially women of color, tend to have lower incomes, and as such, these provisions widen income inequality between men and women, most dramatically women of color. This article argues that refundable tax credits, which deliver benefits to low-income families, have a substantial, positive impact on women and their families, and that recent expansions improved the economic security of women, especially women of color, promoting gender and racial equity.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Artículos | IEF | IEF | OP 233/2023/3-5 (Browse shelf) | Available | OP 233/2023/3-5 |
Browsing IEF Shelves Close shelf browser
| No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | ||
| OP 233/2023/3-2 Race, ethnicity and taxation of the family | OP 233/2023/3-3 Temporary property tax relief and residential home sales | OP 233/2023/3-4 The child tax credit over time by family type | OP 233/2023/3-5 How refundable tax credits can advance gender and racial equity | OP 233/2023/4 National Tax Journal | OP 233/2023/4-1 Territorial tax reform and profit shifting by US and Japanese multinationals | OP 233/2023/4-2 Automated tax filing |
Resumen.
Bibliografía.
The federal tax code is progressive — taxpayers with higher incomes pay a greater share of their income in taxes than taxpayers with lower income. The federal tax system also provides many benefits that favor those with high incomes over those with low incomes. Women, and especially women of color, tend to have lower incomes, and as such, these provisions widen income inequality between men and women, most dramatically women of color. This article argues that refundable tax credits, which deliver benefits to low-income families, have a substantial, positive impact on women and their families, and that recent expansions improved the economic security of women, especially women of color, promoting gender and racial equity.
There are no comments for this item.