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the poverty rate for households with children. Overall the reform has a positive impact on labour supply, especially for …
Persistent link: https://www.econbiz.de/10012175967
The earned income tax credit provides important benefits to low-income families with children in the US. At an annual … their incomes. But low-income adults without children and non-custodial parents receive only very low payments under the …
Persistent link: https://www.econbiz.de/10011433506
Persistent link: https://www.econbiz.de/10014533355
). We consider the possible implications of this expansion on children's short- and long-term development. To do so, we … child health and well-being in the short and long run, with greater impacts for poor children and modest or nonexistent … effects for non-poor children. Moreover, the effects might be more substantial for younger children and for those in places …
Persistent link: https://www.econbiz.de/10014576638
We develop an empirical test for whether households understand or misperceive their tax liability changes. Our identifying variation comes from the loss of the Child Tax Credit when a child turns 17. Using this age discontinuity, we find that despite this tax liability increase being lump-sum...
Persistent link: https://www.econbiz.de/10014155411
We estimate the extensive and intensive margin labor supply response to the monthly Child Tax Credit disbursed in 2021 as a part of the American Rescue Plan Act. Using Current Population Survey microdata, we compare labor supply outcomes among households who qualify for varying relative...
Persistent link: https://www.econbiz.de/10014250128
We develop a model of how taxpayers update beliefs over their tax rates when they encounter a non-salient tax liability change. We test the model's hypotheses using the loss of the Child Tax Credit when a child turns 17. Because this tax liability change is lump-sum and predictable, there should...
Persistent link: https://www.econbiz.de/10014121066
In this article, they analyze the interaction of the earned income tax credit, the child tax credit, and the income tax under the recently enacted tax act for 2001, and the reduction in the EITC marriage penalty that will begin in 2002. The act made the child tax credit partially refundable and...
Persistent link: https://www.econbiz.de/10014127648
Immigrants toil in sweatshops for torturously long days at sub-minimum wages, which may or may not be paid, with little meaningful recourse. Immigrant workers with and without authorization to work in the United States are disproportionately represented among the lowest earners. The average wage...
Persistent link: https://www.econbiz.de/10014068614
-skilled workers with children. Other evidence tying changes in well-being to the tax credit is confounded by other policy changes …
Persistent link: https://www.econbiz.de/10014078036