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September 10, 2024

Event: New Census Data on American Families’ Economic Well-Being

…AEI’s Kevin Corinth began by summarizing the data’s main findings. Median household income rose, and the official poverty measure (OPM) showed that poverty declined while the supplemental poverty measure (SPM)…

August 30, 2024

Harris’s Child Tax Credit Plan Punishes Working Families

Vice President Kamala Harris recently announced an economic plan for her presidential campaign. A centerpiece is the transformation of the Child Tax Credit (CTC) into a child allowance. If it…

August 29, 2024

The Distribution of Social Capital across Individuals and its Relationship to Income

Abstract There have been several attempts to measure social capital—the value inhering in relationships—at an aggregate level, but researchers lack comprehensive individual-level social capital measures. Using a combination of direct…

August 24, 2024

Harris’s Child Tax Credit Proposal Could Backfire, Perpetuating Poverty

A centerpiece of Vice President Harris’ newly released economic plan is a revamped Child Tax Credit, which would send families $6,000 for each newborn and up to $3,600 for older…

August 5, 2024

Are Opportunity Zones an Effective Place-Based Policy?

When Congress passed and President Trump signed into law the Tax Cuts and Jobs Act at the end of 2017, most attention centered on the reduction in the corporate tax…

July 10, 2024

Has Income Growth between Generations of Americans Stalled?

…prior generation rather than with their parents alone. Note: This research brief is based on Kevin Corinth and Jeff Larrimore, “Has Intergenerational Progress Stalled? Income Growth over Five Generations of…

June 20, 2024

The War on Poverty at 60: Lessons to Inform the Future

…on Poverty and how we can expand opportunity for all. Event Materials Event PowerPoint Slides Agenda 10:00 a.m. Opening Remarks: Kevin Corinth, Deputy Director, Center on Opportunity and Social Mobility,…

May 30, 2024

The Contradictions in Democrats’ Child Tax Credit Expansion Promises

…not only undo that major achievement, it would disproportionately harm low-income families for whom work is central to escaping poverty for good. Instead, as AEI’s Kevin Corinth, Bruce Meyer, and…

May 16, 2024

Critiquing Bastian (2022, 2023, 2024, and forthcoming):On Child Tax Credit Reform and the Sensitivity of Single Mothers to Work Incentives

…making the ARPA CTC permanent would lead nearly 1.5 million parents to leave employment, most of them lower-income single mothers. (Corinth et al., 2021/22) Read the entire working paper here….

May 6, 2024

Generation Z Has Problems Compared to Past Generations, but Money Isn’t One

…the folks whose life is all trauma and who cannot afford children turn out to have more disposable income. This all echoes the findings of my AEI colleague Kevin Corinth,…