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…
January 19, 2024
The Work Incentive and Employment Effects of Eliminating the Child Tax Credit’s Annual Income Requirement
Proposed 2024 child tax credit reforms would let families calculate eligibility using either current-year or prior-year income, significantly weakening the credit’s annual work requirement. The analysis estimates that this change would encourage some nonworking parents to enter employment while causing more consistently employed parents to stop working in some years. On net, the policy is projected to reduce employment by an average of 153,000 parents per year while also creating incentives for year-to-year fluctuations in work and hours.
January 12, 2024
Congress Shouldn’t Expand Welfare in Return for Corporate Tax Cuts
Bipartisan negotiations to revive the Democrat-favored 2021 Child Tax Credit in return for Republican-favored business-tax cuts are…
December 19, 2023
How to Better Measure Poverty
November 30, 2023
Evaluating the Success of the War on Poverty since 1963 Using an Absolute Full-Income Poverty Measure
Abstract We evaluate progress in the War on Poverty as President Lyndon B. Johnson defined…
October 30, 2023
The Effect of Elevating the Supplemental Poverty Measure on Government Program Eligibility and Spending
Abstract A recent National Academy of Sciences report recommends elevating the Supplemental Poverty Measure (SPM)…
October 24, 2023
Testimony: The Consequences of Redrawing the Poverty Line
Chairman Smith, Chairman LaHood, Ranking Member Davis, and distinguished members of theSubcommittee on Work and…
October 17, 2023
Understanding Poverty Measurement
COSM scholars and AEI affiliates include some of the nation’s foremost experts on poverty measurement….
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…
October 5, 2023
Changing the Official Poverty Measure Would Help Rich States and Hurt Poor States
In this post I discuss the policy implications of declaring the Supplemental Poverty Measure the…
September 12, 2023
Measuring Poverty: The New Census Estimates and the Future of Poverty Measurement
Join AEI’s Center on Opportunity and Social Mobility for the release of the Census Bureau’s…
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,…