Build Back Better Calculator

Calculate how the Build Back Better plan would affect your taxes and benefits. This calculator shows the potential impact of expanded child tax credits, earned income tax credits, and other social provisions.

Family Information

Current Benefits

Education Benefits

Benefit Summary

Expanded Child Tax Credit: $0
Enhanced EITC: $0
Education Savings Match: $0
Total Annual Benefits: $0

Tax Impact

Corporate Tax Increase: $0
Capital Gains Tax Change: $0
Net Tax Change: $0

Net Impact

Benefits Received: $0
Taxes Paid: $0
Net Financial Impact: $0

Understanding Build Back Better

The Build Back Better plan was a comprehensive social and economic policy proposal aimed at addressing inequality, climate change, and economic recovery. While the full plan was not enacted, many of its provisions influenced subsequent legislation.

Key Provisions of Build Back Better

Family Support

  • Expanded Child Tax Credit ($3,000-$3,600 per child)
  • Enhanced Earned Income Tax Credit
  • Universal pre-K education
  • Paid family and medical leave

Education & Workforce

  • Free community college
  • Student debt cancellation
  • Education savings accounts
  • Workforce development programs

Healthcare

  • Medicare expansion
  • Dental and vision coverage
  • Hearing aid coverage
  • Insulin price caps

Climate & Infrastructure

  • Green energy investments
  • Electric vehicle infrastructure
  • Home electrification programs
  • Clean energy tax credits

Child Tax Credit Expansion

Child Age Current Credit Build Back Better Increase
Under 6 $2,000 $3,600 +$1,600
6-16 $2,000 $3,000 +$1,000

Earned Income Tax Credit Enhancement

The EITC provides a refundable tax credit for low to moderate-income working families. Build Back Better proposed significant expansions to make the credit more generous and accessible.

EITC Improvements

Expanded Eligibility

Removed work requirements for some recipients

Higher Credit Amounts

Increased maximum credit for families with children

Broader Income Range

Extended income limits for eligibility

Education Provisions

Free Community College

  • Tuition-free community college for all
  • Focus on high-demand careers
  • Partnerships with employers
  • Workforce development programs

Student Debt Relief

  • $400 billion in student loan forgiveness
  • Income-driven repayment plans
  • Public service loan forgiveness expansion
  • Interest rate caps

Healthcare Expansions

Provision Current Coverage Build Back Better Estimated Cost
Dental Coverage Limited Comprehensive $100B
Vision Coverage Limited Comprehensive $60B
Hearing Aids Not covered Fully covered $20B

Climate and Clean Energy

Home Electrification

  • Point-of-sale rebates for electrical upgrades
  • Energy-efficient appliances
  • Electrical panel upgrades
  • Electrical wiring improvements

Clean Energy Incentives

  • Solar panel tax credits
  • Electric vehicle purchase credits
  • Home battery storage incentives
  • Energy-efficient home improvements

Implementation Status

While the full Build Back Better plan was not enacted, many of its provisions were incorporated into other legislation or influenced policy decisions.

Enacted

Infrastructure Investment and Jobs Act (2021)

Inflation Reduction Act (2022)

Modified

American Rescue Plan (2021)

Bipartisan Safer Communities Act

Pending/Proposed

Various state-level initiatives

Future legislative proposals

Current Status and Legacy

  • The original $2.3 trillion Build Back Better plan was not passed in its entirety
  • Many provisions were scaled back or incorporated into other legislation
  • The Inflation Reduction Act (2022) included significant climate and healthcare provisions
  • Child tax credit expansions were temporary and have since expired
  • The plan influenced the direction of social and economic policy
  • State and local governments have implemented similar programs

Related Tax Calculators