Could the Child Tax Credit Lead to a Universal Basic Income?

Could the Child Tax Credit Lead to a Universal Basic Income?

The United States does not offer its citizens a universal basic income, although that idea has been out in the ether a bit more in recent years than it had been for a while.

Democrat Andrew Yang’s signature proposal when he ran for president in the 2020 cycle was for a “Freedom Dividend,” which would have entailed $1,000 a month in direct cash payments to every adult in the country.

“This is independent of one’s work status or any other factor,” Yang’s campaign website said of that proposal. “This would enable all Americans to pay their bills, educate themselves, start businesses, […]

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