Saturday, December 21, 2019

Why the Child Tax Credit is the wrong policy for low-income families, by Angela Rachidi

Congressional efforts to expand the Child Tax Credit (CTC) in this year’s spending bill were unsuccessful, but Congress seems intent on increasing it, as it has done so regularly since the CTC was first legislated more than 20 years ago. Popular as the CTC may be, calls for increasing it for low-income families are based on two problematic narratives. One is the idea that the current CTC fails the lowest-income Americans — an argument that ignores the broader social safety net. The other is the idea that the CTC, which is not linked to work, can reduce poverty without affecting employment.....

EN: https://www.aei.org/poverty-studies/why-the-child-tax-credit-is-the-wrong-policy-for-low-income-families/?mkt_tok=eyJpIjoiTnpBNFptWTRaV0U0Tm1WbSIsInQiOiJoWnpZS2IxMmFVV1FyMHFDMkJyUW9jQisycDhIV3RPYjZwWk9uY1RKR3hMUis4cml6Q1U1TGt1REtpVDlLQkJxWUQyVnZtZzRqRDAwd0FyeFNXY05kVXpKTGwzbW43RFRwUzVzZnhuUnc1SWNHcW1KNWRyTGZSb0cyQmVpU0crXC8ifQ%3D%3D

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