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June 18, 2024
…Australia, Germany, the Netherlands, Norway, Sweden, and Finland. The evidence is ambiguous as to whether America’s absolute mobility looks worse than or the same as that of Denmark and the…
May 14, 2024
…declined. Along with reduced fertility and greater economic opportunities for women, the decline in marriage led men to prioritize values other than maximizing their pay. The painful transition for men…
April 23, 2024
…minister of state for universities and science. New York Times columnist Michelle Goldberg argued that “in countries that support working mothers, like Sweden, Denmark, Norway and France, birthrates are basically fine.”…
April 9, 2024
…as “middle class tax relief.” That’s not really what it was. It was in the sense that it increased that maximum payment, but you’re right, the fundamental change was that…
April 5, 2024
…strong growth, price stability and maximum sustainable employment. So, what’s not to like? In the short term, high inflation is still an issue. It remains stubbornly sticky, stirring fears of a possible resurgence,…
March 28, 2024
…providing corporate tax relief, the legislation would change the CTC in four ways. First, the maximum CTC benefit would be indexed to inflation. Second, the maximum refundable credit would increase…
March 4, 2024
…encourage marriage, they should focus on increasing the maximum CTC benefit rather than increasing the CTC’s phase-in for families with multiple children. 72% of single moms work. It is thus…
February 27, 2024
…H.R. 7024, we recommend several improvements to its CTC provisions, including provisions to retain and provisions to drop. Provisions to Retain Increase the Maximum CTC to Account for the Rising…
January 19, 2024
…Tax Credit’s annual income requirement by allowing individuals to calculate their eligibility using their current or prior year’s income, whichever year maximizes the family’s benefit. We show that for the…
January 12, 2024
…maximum benefit. Adopting the 2021 maximum credit amounts of up to $3,600 would cost upwards of $80 billion per year. Modest reforms to the Child Tax Credit that support working families could…