Source: Niskanen Center
by Janaki Kapadia
“Over the past decade, 11 states have introduced fully refundable child tax credits (CTC) to reduce childhood poverty and support families. Making these credits fully refundable was a key provision in ensuring they reach the lowest income families. However, the original credits had significant limitations. Since then, state lawmakers have sought to improve the design of these credits and address their shortcomings. One such reform is the Oregon Kids Credit, established in 2023. This program provides a $1,000 fully refundable credit per child under age six — for up to five children — for families earning up to $25,750 annually.” [editor’s note: I really hate the fraudulent use of the word “refundable,” which refers in at least some cases to a subsidy, not an actual refund – TLK] (05/14/25)
https://www.niskanencenter.org/how-to-improve-the-oregon-kids-credit