Table 2
Revenue loss estimates of the EITC and CTC (billions of dollars), 2012–2017
| Fiscal year | Earned income tax credit | Child tax credit | ||
|---|---|---|---|---|
| Total | Refundable | Total | Refundable | |
| 2012 | $59.0 | $51.4 | $56.8 | $29.6 |
| 2013 | 60.9 | 53.2 | 57.3 | 30.8 |
| 2014 | 67.0 | 58.0 | 57.9 | 31.2 |
| 2015 | 66.5 | 57.7 | 58.4 | 31.1 |
| 2016 | 66.3 | 57.6 | 58.9 | 30.6 |
| 2017 | 65.3 | 56.8 | 59.0 | 30.3 |
| 2013–2017 | $325.9 | $283.2 | $291.6 | $154.0 |
Source: Joint Committee on Taxation (2013)
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