author

Darrick Hamilton

An open letter signed by 133 economists urged that Biden's expanded Child Tax Credit of $300 per month would benefit low-income families without raising inflation. A negative income tax that eliminates poverty, with a maximum benefit of $12,500 that phases out by $50,000 for single-adult households and $70,000 for two-adult households, is estimated to cost $839 billion per year.
Guaranteed Income for the 21st Century Open letter from economists: extend the expanded Child Tax Credit to help families keep up with rising costs
Basic Income
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