15min chapter

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The Child Tax Credit: To Expand or not to Expand?

Qualified Opinions

CHAPTER

Evolution and Debate on the Child Tax Credit

The chapter covers the history and evolution of the child tax credit, starting from its inception in the late 1990s to its expansion under the American Rescue Plan Act in 2021. It delves into the shift towards a child allowance or universal basic income for kids, sparking discussions on its permanence and the potential impact on work incentives, particularly for single parents and lower-income individuals.

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