What happens when families, particularly low-income families, receive an unconditional monthly income supplement? Small demonstration projects show it boosts outcomes on many levels, from improving mental health to securing or maintaining employment.
In this discussion on why tax credits like the Child Tax Credit (CTC) expansion are good economic policy, you’ll hear from anti-poverty experts on why Congress should extend the policy beyond 2021 and what we can learn from an initiative providing low-income mothers in Jackson, Miss., $1,000 cash on a monthly basis, no strings attached. From theory to practice and what it means for American families, this CTC webinar provides a unique angle through which to view this transformative policy.
Moderated by Solana Rice, Liberation in a Generation
• Aidan Davis, Institute on Taxation and Economic Policy
• Indivar Dutta-Gupta, Georgetown Center on Poverty & Inequality
• Natalie Foster, Economic Security Project
• Dr. Aisha Nyandoro, Springboard to Opportunities
Watch the recording:
Background: Beginning July 15, most of the nation’s families with children will begin receiving monthly CTC payments made possible by President Biden’s American Rescue Plan enacted in March. The measure increased the per-child amount of the CTC and extended it to the lowest-income families who were previously ineligible. The expanded credit will reach 29 million more children and reduce child poverty by at least 45 percent.
RSVP for July 15: FAMILY MATTERS: A Celebration of the Child Tax Credit, co-hosted by the Economic Security Project and Building Back Together and emceed live by Dorian Warren and Melissa Harris Perry.