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March 11, 2024
…Scott Winship, “A Safety Net for the Future: Overcoming the Root Causes of Poverty,” in American Renewal, ed. Paul Ryan and Angela Rachidi. Consider just some of the major social…
February 27, 2024
H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, passed the House on January 31, 2024 and now faces an uncertain fate in the Senate. The…
February 8, 2024
…led by our colleagues Kevin Corinth and Scott Winship, the potential negative employment effects from the proposed lookback policy are notable. We estimated a net employment reduction from a permanent…
February 8, 2024
Tuesday, I published a critique of a paper by Council of Economic Advisers senior economist Jacob Bastian related to the debate over expanding the child tax credit (CTC). In that…
February 7, 2024
H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, was passed by the House last week and is now moving to the Senate for consideration. The…
February 6, 2024
For the past two years, economist Jacob Bastian has been the main researcher dedicated to trumpeting the virtues of a child tax credit (CTC) expansion. Writing first as an economist…
January 31, 2024
The Wyden-Smith tax bill under consideration in the House has rekindled a debate about the Child Tax Credit (CTC) and work incentives. We, along with our colleagues, Angela Rachidi and…
January 29, 2024
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…
January 19, 2024
Abstract Senior House and Senate tax committee leaders agreed to a framework for modifying the Child Tax Credit on January 16, 2024. The most consequential reform would eliminate the Child…
November 14, 2023
In 2021, Democrats succeeded in temporarily expanding the child tax credit (CTC) as part of President Biden’s American Rescue Plan. Previously, the maximum CTC of $2,000 per child was available only…