NEW from @Robert_t_Orr: Renewing the expanded #ChildTaxCredit for ALL ages is the best way forward.
But a child allowance for children ages 6 and younger is the next best option.
Why? Because young kids are the most likely to face poverty.
MORE: niskanencenter.org/why-young-fami…
But a child allowance for children ages 6 and younger is the next best option.
Why? Because young kids are the most likely to face poverty.
MORE: niskanencenter.org/why-young-fami…
Workers only hit their peak earnings years between 35 and 54. So young parents tend to have fewer financial resources to invest in their child’s needs.
Parents of young children tend to be young themselves and are less stable financially.
But telling parents they have to wait until they have kids until they are financially stable isn't the answer here. That would have negative impacts on families and society.
But telling parents they have to wait until they have kids until they are financially stable isn't the answer here. That would have negative impacts on families and society.
A CTC for preschool-aged children isn't as good as a CTC for all children, but it's a smart compromise.
This would maximize the per-dollar impact on child poverty while delivering unconditional resources to parents when they need them most.
niskanencenter.org/why-young-fami…
This would maximize the per-dollar impact on child poverty while delivering unconditional resources to parents when they need them most.
niskanencenter.org/why-young-fami…
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