Washington (CNN) The House Democrats' Covid relief bill would reduce household federal tax bills by an average of $3,100 each this year, according the Urban-Brookings Tax Policy Center. The Tax Policy Center analysis found that most of the tax relief from the House proposal would go to low- and middle-income families. More low-income parents could take advantage of the child tax credit under the House plan, which makes it fully refundable. The Tax Policy Center found that the lowest-income families would receive most of the benefits from the enhanced earned income tax credit, too. Yet the analysis also said that the stimulus payments and child care tax credit could be even more targeted.

Source: CNN February 16, 2021 21:00 UTC