July 24, 2024
As the American Worker Project analysis shows, real wages have increased over time. Real wages are nominal wages corrected for changes in the price level, and a natural approach to understanding the way in which housing policy affects real wages is through (housing) prices. But the importance of housing to the economic well-being of the typical American…
July 23, 2024
Key Points Read the PDF. The Tax Cuts and Jobs Act (TCJA) of 2017 included some of the most far-reaching changes to the US income tax code in a generation. In addition to reducing statutory tax rates for individuals and corporations, the law adjusted the tax base. Among its most significant changes to the individual…
May 14, 2024
Key Points Executive Summary Doomers on the political left and right agree that economic growth has failed to translate into higher wages for American workers, with some claiming that pay has barely risen in 50 years. Such sentiments have been buttressed by flawed analyses that, comparing apples to oranges in a variety of ways, have…
May 7, 2024
Summary:The City of Denver switched to a new zoning code in June 2010. Most areas were upzoned, but some were downzoned. Overall, the policy encouraged housing construction in Denver. Slide deck
March 28, 2024
Abstract The Tax Relief for American Families and Workers Act of 2024, which the US House of Representatives passed on January 31, 2024, and the Senate is now considering, would make important changes to the child tax credit (CTC) if enacted. The legislation would increase CTC payments for families with lower earnings, apply a one-year…
March 27, 2024
Introduction: In this election year, Congress and the President are feeling the urge to help Americans affected by rising housing affordability pressures across the country. With the status-quo untenable, Congress and the President are itching to address housing affordability, availability, and other community needs. Before springing into action, our leaders need to first establish clear…
March 27, 2024
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February 29, 2024
Abstract The question of how artificial intelligence will affect jobs, skills, and the future of work is open-ended, and answers have been uncertain and contradictory. As AI has advanced, forecasts of labor market impacts have increasingly emphasized AI’s potential to automate tasks that require skills—including creativity, writing, and social and emotional learning—previously believed to be beyond the technology’s reach. In the face…
December 15, 2023
Introduction America’s system of federalism means that the is- sues that most directly impact the lives of parents and families are often most appropriately dealt with at the state level. While many conversations about how to make family life more affordable and achiev- able in the U.S. tend to focus on the federal tax code,…