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Research Archive

July 17, 2023

Testimony: Correcting the Record on the Effects of Replacing the Child Tax Credit with a Child Allowance

Chairman Bennet, Ranking Member Thune, and distinguished members of the Subcommittee onTaxation and IRS Oversight, thank you for the opportunity to testify on the Child Tax Credit(CTC). My name is Kevin Corinth, and I am a Senior Fellow and the Deputy Director of theCenter on Opportunity and Social Mobility at the American Enterprise Institute. This…