Beltway Confidential

The child tax credit keeps getting smaller

By Timothy P. Carney

Published December 8, 2023 10:55pm ET

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The child tax credit keeps getting smaller — A baby lies in a crib at the Ataturk Children's Hospital a day after being rescued from another maternity hospital following a deadly attack, in Kabul, Afghanistan, Wednesday, May 13, 2020. Militants stormed the Barchi National Maternity Hospital in the western part of Kabul on Tuesday, setting off an hours-long shootout with the police and killing tens of people, including two newborn babies, their mothers and an unspecified number of nurses, Afghan officials said. | (Rahmat Gul/AP)

Congress increased the child tax credit to $2,000 beginning Jan. 1, 2018. While some folks objected that this was a special-interest handout to parents, expanding the child tax credit was really just a makeup for folding the personal and dependent exemption into a larger standard deduction.

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Birthrate Tax Cuts and Jobs Act Taxes