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April 9, 2024

The Child Tax Credit: My Long-Read Q&A with Kevin Corinth

…raising children. The CTC of today, however, differs starkly from its pre-pandemic structure. Many economists, including Kevin Corinth, think that the post-pandemic changes were a step in the wrong direction. Corinth

February 12, 2024

Millennials Are Doing Better than You Probably Think

…Five Generations of Americans” by my AEI colleague Kevin Corinth and Jeff Larrimore of the Federal Reserve Board. The economists compared income levels at ages 36–40 across the five generations,…

January 29, 2024

Per-Child Benefit in Wyden-Smith Child Tax Credit Bill Would Discourage Full-Time Work for Families with Multiple Children

The Wyden-Smith proposed tax legislation would make four changes to the Child Tax Credit (CTC). First, it would increase the cap on the refundable portion of the CTC, eventually to the same…

December 1, 2023

Making the Child Tax Credit “Fully Refundable” Converts It into Welfare Checks

…that paying adults the same benefit whether they work or not will result in fewer adults working. That’s what Kevin Corinth, Bruce Meyer, and their colleagues found would result from 2021’s CTC…

November 30, 2023

A Valuable New Perspective on America’s War on Poverty

…an Absolute Full-Income Poverty Measure” by Richard V. Burkhauser (Cornell University), Kevin Corinth (University of Chicago), James Elwell (Joint Committee on Taxation), and Jeff Larrimore (Federal Reserve Board). They try…

October 11, 2023

CHANGING THE OFFICIAL POVERTY MEASURE WOULD HELP RICH STATES AND HURT POOR STATES

Earlier this year, a National Academies of Sciences, Engineering, and Medicine report recommended elevating the Supplemental Poverty Measure (SPM) to the “nation’s headline poverty statistic,” and noted that the Office…

May 4, 2023

Work Is Essential to the American Dream

…work requirements, and evidence showed that it would discourage work. In a landmark working paper, AEI’s Bruce Meyer, Kevin Corinth, and their co-authors estimated that it would cause as many as 1.5…