What Is the Value of the Child and Dependent Care Credit?

Autor/in	Pepin, Gabrielle
Institution	W. E. Upjohn Institute for Employment Research (Kalamazoo, Mich.)
Titel	What Is the Value of the Child and Dependent Care Credit? Gefälligkeitsübersetzung: Welchen Wert hat der Kinder- und Pflegekredit?
Quelle	Kalamazoo, Mich. (2024), 5 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	Upjohn Institute working paper. 411
Sprache	englisch
Dokumenttyp	online; Monografie
DOI	10.17848/wp24-411
Schlagwörter	Familie; Kinderbetreuung; Pandemie; Steuerentlastung; Kosten; Niedriglohn; Verteilungseffekt; Arbeitspapier; Auswirkung; Inanspruchnahme; Krisenmanagement; USA
Abstract	"The Child and Dependent Car Credit (CDCC) subsidizes child care costs for working families. In response to the Covid-19 pandemic, the American Rescue Plan Act of 2021 increased the CDCC's generosity during 2021 only. I find that while the CDCC is of relatively little value in its current form, increases in eligibility rates and conditional benefits under the pandemic expansion increased the credit's value dramatically. Conditional on CDCC eligibility, higher-income households experienced the largest increases in benefit levels under the expanded CDCC, but lower-income households benefited disproportionately when measuring benefits as a share of income or child care spending." The study refers to the period 2009-2023 (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2025/3