Tag Archives: Child tax credit

Matt Yglesias has published an interesting essay at his substack by Simon Bazelon and David Shor arguing that Democrats should introduce stricter means testing into the Child Tax Credit. Their key points are as follows: The current CTC design already has means-testing for very high incomes, which means that the administrative burdens associated with means-testing (making low-income people file tax returns, etc.) are already being...

The American Rescue Plan included a fully refundable child tax credit.  The credit provides $3,600 per year for children under 6, and $3,000 per year for children between 6 and 17. The credit is paid out monthly, and slowly phases out for single parents who earn more than $112,500 and married couples earning more than $150,000. This legislation marks a sea change in government policy towards poor children.  For years, the poorest children have...

Guest post by Jeff Mosenkis of Innovations for Poverty Action. Samia Suluhu Hassan was sworn in as Tanzania’s first woman president, following the death of John Magufuli, known for his denial of COVID-19 in the country. Some speculate the virus was the cause of his death rather than the official announced cause, heart failure. A nice article from Dani Rodrik about how economists can get along with other fields. Known for their breadth and willing to take on many kinds of questions,...