Expanding the Child Tax Credit Ignores Historical Precedent

Source: The American Spectator
by Veronique de Rugy

“Marketing is everything in politics. It explains why a tax credit that benefits 90 percent of American families with kids — some of them with income higher than $400,000 — is marketed as an anti-poverty measure. But in politics, that marketing is often an illusion that hides the hard consequences of a preferred policy. … If this current program is expanded, we’re at risk of repeating the mistakes of the past by increasing the number of single-parent families in which no one is employed and reversing the gains the nation has made since the welfare reforms of the 1990s — all at great cost to taxpayers.” (05/27/21)