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April 9, 2024

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

The Child Tax Credit is a tax benefit available to many American families for the purpose of reducing their federal income tax liability. It’s specifically designed to help offset the cost of 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…

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 of Management and Budget could christen the SPM as the new official poverty measure. This action would require no Congressional input. The two interactive maps below report…