NEW PAPER: Now Is the Time for an American Child Benefit

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Matt Bruenig argues that we should eliminate the Earned Income Tax Credit, Child Tax Credit, and Additional Child Tax Credit and replace them with a monthly $374 check paid out to every child in the country. The paper details the problems with the current system, including two forms of deception that are typically used by tax credit advocates, and then estimates the antipoverty effects of the proposed alternative.