Other Tax Credits

Tax credits can also be used to support households with a range of other necessary expenses, from education, to rent, energy assistance, and more. The tax system has also been identified as a potential vehicle for creating an income floor—for example, through a negative income tax credit or dividend to provide a form of universal basic income—to support families. We examine policy and proposals across these areas at the federal, state, and local level, including in New York City, as they continue to emerge.