Shadley: The Child Tax Credit Taught Us That We Need a Basic Income

Shadley: The Child Tax Credit Taught Us That We Need a Basic Income

(Graphic by Sydney Stam | The Daily Utah Chronicle) When United States President Joe Biden signed the American Rescue Plan Act of 2021, the Child Tax Credit temporarily increased from an annual credit of $2,000 per child to $3,600 and $3,000 for children under six and between the ages six to 17, respectively.

Sen. Mitt Romney previously proposed a permanent increase in the Child Tax Credit, but he did so at the expense of other vital benefits such as the Supplemental Nutrition Assistance Program (SNAP) and Temporary Assistance for Needy Families (TANF).

Hoping to stimulate the economy, the federal government sent […]

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