Tax Policy in 2025: Priorities for a Fairer Economy

As Congress moves forward with its 2025 tax policy agenda, significant changes are on the horizon. The latest legislative package emerging from Capitol Hill introduces key proposals that could impact individuals, families, and state policymakers alike. To ensure our partners, stakeholders, and community members stay informed, CLASP has created a dedicated page that will house all relevant materials, statements, and resources related to this important legislative effort.

This page will serve as a comprehensive hub for analysis, publications, and event information as the policy landscape evolves. By centralizing our insights and updates in one location, we aim to make it easier for advocates, policymakers, and the general public to access critical information and stay up-to-date.

External Resources

Child Tax Credit State Fact Sheets | Children Thrive Action Network

What You’ll Find Here

This page will feature a collection of resources and updates related to the 2025 tax policy fight, including:

Policy Statements and Press Releases

Analysis and Reports: In-depth analysis, breakdowns of key proposals, and explanations of potential impacts.

Advocacy Resources: Tools to support advocacy efforts, including fact sheets and action alerts.

Event Announcements: Details on webinars, briefings, and other live events to keep you informed and engaged.

As the 2025 tax policy fight unfolds, it’s crucial to stay ahead of the latest developments. Here’s how you can stay connected:

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Stay engaged with CLASP as we continue to advocate for a fairer and more equitable economy for all. With your support, we can drive impactful change in 2025 and beyond.

January 17, 2025 | Blog Post | Ashley Burnside

Five Key Takeaways from the Ways and Means Hearing on the 2017 Tax Package

On January 14, 2025, the U.S. House of Representatives Ways and Means Committee held a hearing about the 2017 Trump tax law. Here are five key takeaways from the hearing.

August 16, 2024 | Blog Post | Ashley Burnside

Anticipated High Child Poverty Rate Can Be Addressed in Upcoming Tax Package

While we don't expect major changes in child poverty when the 2023 data are released, a potential 2025 tax package provides an opportunity for improvement.

July 25, 2024 | Report/Brief | Ashley Burnside

The Child Tax Credit: What’s at Stake?

When enacted in 2021, the expanded Child Tax Credit (CTC) significantly reduced child poverty to historic lows and helped close the racial wealth gap. However, with its expiration, millions of children have fallen back into poverty. Learn how we can restore and expand this critical…

July 25, 2024 | Report/Brief | Ashley Burnside

Let’s Promote—Not Reduce—Equity in Our Tax Code

Our tax code should secure revenue for public goods and promote equity by investing in families and workers. The 2017 Tax Cuts and Jobs Act mainly benefited the wealthy, increasing inequality. Recent expansions in tax credits and IRS investments highlight the potential for tax reform.

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National Surveys on the 2021 Expanded Child Tax Credit  

In partnership with the polling firm Ipsos, the University of California, Berkeley, and other advocacy organizations, CLASP conducted three nationally representative surveys of families about the expanded Child Tax Credit (CTC) that was included as part of the 2021 American Rescue Plan Act. The goals…