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AGENDA
People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
BIDEN IS PLANNING TO ILLEGALLY CUT UNEMPLOYMENT BENEFITS In the last month, the governors of at least 19 states announced that they will stop administering the special unemployment benefits that were enacted in the various pandemic relief bills passed over the last 15 months. These benefit cuts will begin as early as June 12, starting with Missouri. When President Biden passed the American Recovery Plan Act (ARPA) in March, we were told that WHAT IS GOING ON WITH INFLATION? VACATIONS AND CHIPS Vacations and Chips. The Bureau of Labor Statistics (BLS) released its monthly inflation report a couple of days ago. The headline statistic is that prices increased by 4.2 percent from April of last year and 0.8 percent from the prior month. Taken alone, these headline numbers might cause alarm for some, but once you dig into the report, you CLEARING UP CONFUSIONS ABOUT THE PRO ACT THE GOOD AND BAD OF JOE BIDEN’S HOUSING PLAN THE NEWEST CTC PROPOSAL IS STILL A MESS The Newest CTC Proposal Is Still a Mess. Congressman Richard Neal released his version of a fully refundable advanced monthly Child Tax Credit, in line with what Joe Biden proposed earlier this year. The proposed annual CTC amount is $3,600 for children between the ages of 0 and 5 and $3,000 for children between the ages of 6 and 17. NOW IS THE TIME FOR AN AMERICAN CHILD BENEFIT PROBLEMS WITH BIDEN’S AMERICAN FAMILY PLAN President Biden is calling for a national partnership with states to offer free, high quality, accessible, and inclusive preschool to all three-and four-year-olds, benefitting five million children and saving the average family $13,000, when fully implemented. This historic $200 billion investment in America’s future will prioritize high-need MONTHLY CHILD TAX CREDIT WOULD BE A TRAIN WRECK The president-elect is also calling to increase the credit to $3,000 per child ($3,600 for a child under age 6) and make 17 year-olds qualifying children for the year. This text does not say that this one-off CTC will be paid out monthly and the Huffington Post has reported that it will not be paid out monthly but rather at tax timein 2022.
ARE BENEFIT PHASE-INS COMPLETELY POINTLESS? The EITC Does Not Increase Labor Supply. But these arguments no longer appear necessary as new research from Henrik Kleven indicates that the second point is empirically baseless. Trapezoid structures — the EITC in particular — do not appear to increase labor supply, and the belief that they do comes from questionable studies focused on a PEOPLE'S POLICY PROJECTABOUTISSUESCONTACTSUPPORTPOSTSTHE LEISUREAGENDA
People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
BIDEN IS PLANNING TO ILLEGALLY CUT UNEMPLOYMENT BENEFITS In the last month, the governors of at least 19 states announced that they will stop administering the special unemployment benefits that were enacted in the various pandemic relief bills passed over the last 15 months. These benefit cuts will begin as early as June 12, starting with Missouri. When President Biden passed the American Recovery Plan Act (ARPA) in March, we were told that WHAT IS GOING ON WITH INFLATION? VACATIONS AND CHIPS Vacations and Chips. The Bureau of Labor Statistics (BLS) released its monthly inflation report a couple of days ago. The headline statistic is that prices increased by 4.2 percent from April of last year and 0.8 percent from the prior month. Taken alone, these headline numbers might cause alarm for some, but once you dig into the report, you CLEARING UP CONFUSIONS ABOUT THE PRO ACT THE GOOD AND BAD OF JOE BIDEN’S HOUSING PLAN THE NEWEST CTC PROPOSAL IS STILL A MESS The Newest CTC Proposal Is Still a Mess. Congressman Richard Neal released his version of a fully refundable advanced monthly Child Tax Credit, in line with what Joe Biden proposed earlier this year. The proposed annual CTC amount is $3,600 for children between the ages of 0 and 5 and $3,000 for children between the ages of 6 and 17. NOW IS THE TIME FOR AN AMERICAN CHILD BENEFIT PROBLEMS WITH BIDEN’S AMERICAN FAMILY PLAN President Biden is calling for a national partnership with states to offer free, high quality, accessible, and inclusive preschool to all three-and four-year-olds, benefitting five million children and saving the average family $13,000, when fully implemented. This historic $200 billion investment in America’s future will prioritize high-need MONTHLY CHILD TAX CREDIT WOULD BE A TRAIN WRECK The president-elect is also calling to increase the credit to $3,000 per child ($3,600 for a child under age 6) and make 17 year-olds qualifying children for the year. This text does not say that this one-off CTC will be paid out monthly and the Huffington Post has reported that it will not be paid out monthly but rather at tax timein 2022.
ARE BENEFIT PHASE-INS COMPLETELY POINTLESS? The EITC Does Not Increase Labor Supply. But these arguments no longer appear necessary as new research from Henrik Kleven indicates that the second point is empirically baseless. Trapezoid structures — the EITC in particular — do not appear to increase labor supply, and the belief that they do comes from questionable studies focused on a BIDEN IS PLANNING TO ILLEGALLY CUT UNEMPLOYMENT BENEFITS In the last month, the governors of at least 19 states announced that they will stop administering the special unemployment benefits that were enacted in the various pandemic relief bills passed over the last 15 months. These benefit cuts will begin as early as June 12, starting with Missouri. When President Biden passed the American Recovery Plan Act (ARPA) in March, we were told that THE NEWEST CTC PROPOSAL IS STILL A MESS The Newest CTC Proposal Is Still a Mess. Congressman Richard Neal released his version of a fully refundable advanced monthly Child Tax Credit, in line with what Joe Biden proposed earlier this year. The proposed annual CTC amount is $3,600 for children between the ages of 0 and 5 and $3,000 for children between the ages of 6 and 17. IRS CONFIRMS MAJOR CTC PARTICIPATION PROBLEMS IRS Confirms Major CTC Participation Problems. The IRS announced earlier today that it would begin making advanced refundable monthly child tax credit (CTC) payments on July 15 of this year. In the IRS release, the agency says that 88 percent of children will receive the payments. According to the last CPS ASEC, around 2 percent of childrenare
MONTHLY CHILD TAX CREDIT WOULD BE A TRAIN WRECK The president-elect is also calling to increase the credit to $3,000 per child ($3,600 for a child under age 6) and make 17 year-olds qualifying children for the year. This text does not say that this one-off CTC will be paid out monthly and the Huffington Post has reported that it will not be paid out monthly but rather at tax timein 2022.
NEW COVID BILL EXCLUDES 13.5 MILLION ADULT DEPENDENTS New COVID Bill Excludes 13.5 Million Adult Dependents. The Washington Post reported yesterday that the Senate has reached a deal on a new coronavirus relief bill. The deal includes a new round of survival payments: The legislation includes stimulus checks for millions of Americans of up to $600 per person. HOW TO FIX OUR EXISTING WELFARE STATE In this paper, I propose a series of moderate reforms to major welfare programs including Medicare, Medicaid, Social Security, Supplemental Security Income, Unemployment Insurance, and Supplemental Nutritional Assistance Program. The overall purpose of these proposed reforms is to move towards a welfare state that is simpler, more coherent, and A $15 MINIMUM WAGE INCREASES THE DEFICIT FOR GOOD REASONS A $15 Minimum Wage Increases the Deficit for Good Reasons. President Joe Biden has called on Congress to pass a gradual increase in the federal minimum wage to $15/hr by 2025, in conjunction with a new round of COVID-19 relief. Senate Democrats intend to use budget reconciliation to pass the relief package with a simple majority. WHAT EXACTLY IS THE LIBERAL POSITION ON THE SUPREME COURT Supreme Court Justice Ruth Bader Ginsburg died on Friday, causing a lot of liberal consternation about the future of the Supreme Court. Before Ginsburg’s death, there was a 5 to 4 conservative majority on the court, but Chief Justice John Roberts sometimes crossed the aisle to vote with liberal members on certain cases. HOW CAPITALIST IS SINGAPORE REALLY? Bernard Spragg / Flickr. In the Heritage Foundation’s Index of Economic Freedom, Singapore ranks as the second most “economically free” country in the world just behind Hong Kong. Since many use this index as a shorthand for “most capitalist” countries, a lot of prominent people end up saying some really weird things aboutSingapore.
THE U.S. SPENDS FAR TOO LITTLE ON SOCIAL WELFARE Alexander Rabb / Flickr. The US government has a spending problem. Given the country’s level of wealth, the government spends far too little — at least $1.6 trillion a year too little — on social welfare. This exacerbates problems like poverty and inequality, and makes life a lot harder for a lot of people — from families withyoung
PEOPLE'S POLICY PROJECTABOUTISSUESCONTACTSUPPORTPOSTSTHE LEISUREAGENDA
People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
THE GOOD AND BAD OF JOE BIDEN’S HOUSING PLAN NOW IS THE TIME FOR AN AMERICAN CHILD BENEFIT HOW TO FIX OUR EXISTING WELFARE STATE In this paper, I propose a series of moderate reforms to major welfare programs including Medicare, Medicaid, Social Security, Supplemental Security Income, Unemployment Insurance, and Supplemental Nutritional Assistance Program. The overall purpose of these proposed reforms is to move towards a welfare state that is simpler, more coherent, and MONTHLY CHILD TAX CREDIT WOULD BE A TRAIN WRECK The president-elect is also calling to increase the credit to $3,000 per child ($3,600 for a child under age 6) and make 17 year-olds qualifying children for the year. This text does not say that this one-off CTC will be paid out monthly and the Huffington Post has reported that it will not be paid out monthly but rather at tax timein 2022.
ARE BENEFIT PHASE-INS COMPLETELY POINTLESS? The EITC Does Not Increase Labor Supply. But these arguments no longer appear necessary as new research from Henrik Kleven indicates that the second point is empirically baseless. Trapezoid structures — the EITC in particular — do not appear to increase labor supply, and the belief that they do comes from questionable studies focused on a AN INCREMENTAL EXPANSION OF MEDICARE SHOULD BEGIN WITH An Incremental Expansion of Medicare Should Begin With Kids. Joe Biden announced on Thursday his intention to lower the Medicare eligibility age to 60. This was presented as a unifying gesture towards the left, but it doesn’t really make sense for that purpose or on the merits. Any age-based incremental expansion of Medicare should start with JUSTIN FELDMAN, SCD IS AN ASSISTANT PROFESSOR IN THE Justin Feldman, ScD is an Assistant Professor in the Department of Population Health at the NYU School of Medicine. justin.feldman@mail.harvard.edu MASS INCARCERATION: NEW JIM CROW, CLASS WAR, OR BOTH The first holds that mass incarceration primarily exists to manage black people as black people, a racist system that developed following the end of formal Jim Crow laws and the successes of the civil rights movement. Michelle Alexander offers this view in her widely acclaimed book The New Jim Crow. The second explanation is that mass SWEDEN HAS A 70 PERCENT TAX RATE AND IT IS FINE Sweden has a 70 percent marginal tax rate and it kicks in, not at $10 million like AOC proposes, but at around $98,000. AOC’s proposal is quite modest by comparison. According to the OECD, single Swedish workers making over 867,000 SEK (around $98,000 at prevailing exchange rates) face a 70 percent overall marginal tax rate on all labor PEOPLE'S POLICY PROJECTABOUTISSUESCONTACTSUPPORTPOSTSTHE LEISUREAGENDA
People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
THE GOOD AND BAD OF JOE BIDEN’S HOUSING PLAN NOW IS THE TIME FOR AN AMERICAN CHILD BENEFIT HOW TO FIX OUR EXISTING WELFARE STATE In this paper, I propose a series of moderate reforms to major welfare programs including Medicare, Medicaid, Social Security, Supplemental Security Income, Unemployment Insurance, and Supplemental Nutritional Assistance Program. The overall purpose of these proposed reforms is to move towards a welfare state that is simpler, more coherent, and MONTHLY CHILD TAX CREDIT WOULD BE A TRAIN WRECK The president-elect is also calling to increase the credit to $3,000 per child ($3,600 for a child under age 6) and make 17 year-olds qualifying children for the year. This text does not say that this one-off CTC will be paid out monthly and the Huffington Post has reported that it will not be paid out monthly but rather at tax timein 2022.
ARE BENEFIT PHASE-INS COMPLETELY POINTLESS? The EITC Does Not Increase Labor Supply. But these arguments no longer appear necessary as new research from Henrik Kleven indicates that the second point is empirically baseless. Trapezoid structures — the EITC in particular — do not appear to increase labor supply, and the belief that they do comes from questionable studies focused on a AN INCREMENTAL EXPANSION OF MEDICARE SHOULD BEGIN WITH An Incremental Expansion of Medicare Should Begin With Kids. Joe Biden announced on Thursday his intention to lower the Medicare eligibility age to 60. This was presented as a unifying gesture towards the left, but it doesn’t really make sense for that purpose or on the merits. Any age-based incremental expansion of Medicare should start with JUSTIN FELDMAN, SCD IS AN ASSISTANT PROFESSOR IN THE Justin Feldman, ScD is an Assistant Professor in the Department of Population Health at the NYU School of Medicine. justin.feldman@mail.harvard.edu MASS INCARCERATION: NEW JIM CROW, CLASS WAR, OR BOTH The first holds that mass incarceration primarily exists to manage black people as black people, a racist system that developed following the end of formal Jim Crow laws and the successes of the civil rights movement. Michelle Alexander offers this view in her widely acclaimed book The New Jim Crow. The second explanation is that mass SWEDEN HAS A 70 PERCENT TAX RATE AND IT IS FINE Sweden has a 70 percent marginal tax rate and it kicks in, not at $10 million like AOC proposes, but at around $98,000. AOC’s proposal is quite modest by comparison. According to the OECD, single Swedish workers making over 867,000 SEK (around $98,000 at prevailing exchange rates) face a 70 percent overall marginal tax rate on all labor BIDEN IS PLANNING TO ILLEGALLY CUT UNEMPLOYMENT BENEFITS 17 hours ago · In the last month, the governors of at least 19 states announced that they will stop administering the special unemployment benefits that were enacted in the various pandemic relief bills passed over the last 15 months. These benefit cuts will begin as early as June 12, starting with Missouri. When President Biden passed the American Recovery Plan Act (ARPA) in March, we were told that WHAT IS GOING ON WITH INFLATION? VACATIONS AND CHIPS Vacations and Chips. The Bureau of Labor Statistics (BLS) released its monthly inflation report a couple of days ago. The headline statistic is that prices increased by 4.2 percent from April of last year and 0.8 percent from the prior month. Taken alone, these headline numbers might cause alarm for some, but once you dig into the report, you WEALTH INEQUALITY ACROSS AGE AND CLASS IN 2019 Older Upper Class, Mixed Lower Class. When you put it all together, you see that the top 10 percent of the wealth distribution, which owns around three-fourths of all wealth, is overwhelmingly old. Less than 20 percent of the families in this decile come from families headed by someone younger than 50. In the lower deciles, you see a pretty PROBLEMS WITH BIDEN’S AMERICAN FAMILY PLAN President Biden is calling for a national partnership with states to offer free, high quality, accessible, and inclusive preschool to all three-and four-year-olds, benefitting five million children and saving the average family $13,000, when fully implemented. This historic $200 billion investment in America’s future will prioritize high-need BACKGROUND - PEOPLESPOLICYPROJECT.ORG Finally, we understand that the OIG recognizes that the Department is the sole arbiter of policy pronouncements and legal interpretations, and is thus singularly charged with providing guidance THE MYTHS OF THE EARNED INCOME TAX CREDIT Read the Paper. Most policy analysts believe that the Earned Income Tax Credit (EITC) substantially reduces poverty and increases employment in an administratively efficient and well-targeted way. This is not true. In this paper, I show that simple mismeasurements have greatly overstated the efficiency and effectiveness of the EITCprogram.
MONTHLY CHILD TAX CREDIT WOULD BE A TRAIN WRECK The president-elect is also calling to increase the credit to $3,000 per child ($3,600 for a child under age 6) and make 17 year-olds qualifying children for the year. This text does not say that this one-off CTC will be paid out monthly and the Huffington Post has reported that it will not be paid out monthly but rather at tax timein 2022.
AN INCREMENTAL EXPANSION OF MEDICARE SHOULD BEGIN WITH An Incremental Expansion of Medicare Should Begin With Kids. Joe Biden announced on Thursday his intention to lower the Medicare eligibility age to 60. This was presented as a unifying gesture towards the left, but it doesn’t really make sense for that purpose or on the merits. Any age-based incremental expansion of Medicare should start with Q U ESTI O N : DATE: S U B J ECT: STATES CANCELING CARES ME MO RANDUM To : Secretary Marty Walsh, United States Departmentof Labor CC: Suzi LeVine, Mr. Brian Deese, Dr. Cecelia Rouse,and Dr. Susan Rice F ro m: NELP Social Insurance Team S u b j ect: States Canceling CARES Act Agreements Early Date: May 11, 2021 Q u esti o n : Several States are terminating their CARESAct (CARES) agreements earlyand stopping
WORK LEVELS IN THE US AND NORDIC COUNTRIES Here they have the lowest per-hour GDPs. In the prior graph, Denmark and Norway work the least hours. Here they have the highest per-hour GDPs. That’s the usual trend across most countries: the higher the per-hour GDP, the lower the hours worked. The US bucks this trend. In 2016, the US produced $69.6 of GDP per hour worked, a tick aboveDenmark.
PEOPLE'S POLICY PROJECTABOUTISSUESCONTACTSUPPORTPOSTSTHE LEISUREAGENDA
People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
NOW IS THE TIME FOR AN AMERICAN CHILD BENEFIT THE GOOD AND BAD OF JOE BIDEN’S HOUSING PLAN HOW TO FIX OUR EXISTING WELFARE STATE People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
MONTHLY CHILD TAX CREDIT WOULD BE A TRAIN WRECK Last week, Joe Biden put out his proposal for the next round of coronavirus relief. The proposal includes the following bit of text on the Child Tax Credit (CTC) : The lowest income families are particularly vulnerable in the midst of the pandemic, and President-elect Biden is calling for one year expansions of key supports for families on an emergency basis. ARE BENEFIT PHASE-INS COMPLETELY POINTLESS? Phase-ins apparently do not increase labor supply. GotCredit / Flickr. Regular 3P readers know that I am not fond of income supplements that phase in based on current earnings, or what I call trapezoid benefits.My main beef with the trapezoid design is that it excludes the very poor, as you can see in the illustration below. AN INCREMENTAL EXPANSION OF MEDICARE SHOULD BEGIN WITH Joe Biden announced on Thursday his intention to lower the Medicare eligibility age to 60. This was presented as a unifying gesture towards the left, but it doesn’t really make sense for that purposeor on the merits.
JUSTIN FELDMAN, SCD IS AN ASSISTANT PROFESSOR IN THE Justin Feldman, ScD is an Assistant Professor in the Department of Population Health at the NYU School of Medicine. justin.feldman@mail.harvard.edu MASS INCARCERATION: NEW JIM CROW, CLASS WAR, OR BOTH People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
SWEDEN HAS A 70 PERCENT TAX RATE AND IT IS FINE square(tea) / Flickr. Alexandria Ocasio-Cortez recently suggested raising the top tax rate to 70 percent in order to raise money to fund climate change investments. Conservatives were dismayed by the proposal while liberals and leftists generally defended the proposal by pointing to the fact that top tax rates in the US were once 91 percent and by pointing to tax scholarship that says rates PEOPLE'S POLICY PROJECTABOUTISSUESCONTACTSUPPORTPOSTSTHE LEISUREAGENDA
People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
NOW IS THE TIME FOR AN AMERICAN CHILD BENEFIT THE GOOD AND BAD OF JOE BIDEN’S HOUSING PLAN HOW TO FIX OUR EXISTING WELFARE STATE People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
MONTHLY CHILD TAX CREDIT WOULD BE A TRAIN WRECK Last week, Joe Biden put out his proposal for the next round of coronavirus relief. The proposal includes the following bit of text on the Child Tax Credit (CTC) : The lowest income families are particularly vulnerable in the midst of the pandemic, and President-elect Biden is calling for one year expansions of key supports for families on an emergency basis. ARE BENEFIT PHASE-INS COMPLETELY POINTLESS? Phase-ins apparently do not increase labor supply. GotCredit / Flickr. Regular 3P readers know that I am not fond of income supplements that phase in based on current earnings, or what I call trapezoid benefits.My main beef with the trapezoid design is that it excludes the very poor, as you can see in the illustration below. AN INCREMENTAL EXPANSION OF MEDICARE SHOULD BEGIN WITH Joe Biden announced on Thursday his intention to lower the Medicare eligibility age to 60. This was presented as a unifying gesture towards the left, but it doesn’t really make sense for that purposeor on the merits.
JUSTIN FELDMAN, SCD IS AN ASSISTANT PROFESSOR IN THE Justin Feldman, ScD is an Assistant Professor in the Department of Population Health at the NYU School of Medicine. justin.feldman@mail.harvard.edu MASS INCARCERATION: NEW JIM CROW, CLASS WAR, OR BOTH People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
SWEDEN HAS A 70 PERCENT TAX RATE AND IT IS FINE square(tea) / Flickr. Alexandria Ocasio-Cortez recently suggested raising the top tax rate to 70 percent in order to raise money to fund climate change investments. Conservatives were dismayed by the proposal while liberals and leftists generally defended the proposal by pointing to the fact that top tax rates in the US were once 91 percent and by pointing to tax scholarship that says rates BIDEN IS PLANNING TO ILLEGALLY CUT UNEMPLOYMENT BENEFITS 12 hours ago · In the last month, the governors of at least 19 states announced that they will stop administering the special unemployment benefits that were enacted in the various pandemic relief bills passed over the last 15 months. These benefit cuts will begin as early as June 12, starting with Missouri. When President Biden passed the American Recovery Plan Act (ARPA) in March, we were told that MONTHLY CHILD TAX CREDIT WOULD BE A TRAIN WRECK Last week, Joe Biden put out his proposal for the next round of coronavirus relief. The proposal includes the following bit of text on the Child Tax Credit (CTC) : The lowest income families are particularly vulnerable in the midst of the pandemic, and President-elect Biden is calling for one year expansions of key supports for families on an emergency basis. WHAT IS GOING ON WITH INFLATION? VACATIONS AND CHIPS The Bureau of Labor Statistics (BLS) released its monthly inflation report a couple of days ago. The headline statistic is that prices increased by 4.2 percent from April of last year and 0.8 percent fromthe prior month.
PROBLEMS WITH BIDEN’S AMERICAN FAMILY PLAN Joe Biden is set to release his American Family Plan later today. The plan contains a large number of items. Here and in my coming advocacy, I will focus on the child allowance, paid leave, and childcare, as those are the three keystones of family benefits policy across theworld.
CLEARING UP CONFUSIONS ABOUT THE PRO ACT TVA Chemical Plant 1942. Two articles were published earlier this week about the Protecting the Right to Organize Act (PRO Act) that contained confusing and misleading analysis about a specific provision in the bill (E. Tammy Kim at New York Times, Erik Sherman at Forbes).In both, the confusion surrounds the bill’s inclusion of the “ABC Test” for determining who is considered an BACKGROUND - PEOPLESPOLICYPROJECT.ORG Finally, we understand that the OIG recognizes that the Department is the sole arbiter of policy pronouncements and legal interpretations, and is thus singularly charged with providing guidance WEALTH INEQUALITY ACROSS AGE AND CLASS IN 2019 In the below graphs, I use the new Survey of Consumer Finances data to show how wealth is distributed between and within every age group.. Older Families Have More Wealth Overall. The mean family headed by someone under the age of 35 has a net worth of $84,000. THE MYTHS OF THE EARNED INCOME TAX CREDIT The EITC is ineffective and inefficient. It's time to end it. Most policy analysts believe that the Earned Income Tax Credit (EITC) substantially reduces poverty and increases employment in an administratively efficient and well-targeted way. Q U ESTI O N : DATE: S U B J ECT: STATES CANCELING CARES ME MO RANDUM To : Secretary Marty Walsh, United States Departmentof Labor CC: Suzi LeVine, Mr. Brian Deese, Dr. Cecelia Rouse,and Dr. Susan Rice F ro m: NELP Social Insurance Team S u b j ect: States Canceling CARES Act Agreements Early Date: May 11, 2021 Q u esti o n : Several States are terminating their CARESAct (CARES) agreements earlyand stopping
THE WEALTHIEST 1% INHERITED AN AVERAGE OF $4.8 MILLION Naturally, the graphs tend to show that, with the exception of the first decile, the wealthier you are, the more you have inherited. The wealthiest 10 percent of families have inherited $367,000 adjusting only for inflation and over $1.2 million adjusting for inflation and a 5 percent rate of return.MENU
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GLOBAL GREEN NEW DEAL FOR THE DEVELOPING WORLDJune 17, 2019
The GGND provides the global transfers needed to head off climatechange.
PROJECTS
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AN INNOVATION POLICY FOR THE GREEN NEW DEALApril 18, 2019
Using public research, development, and ownership to fuel the GreenNew Deal.
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THE FAMILY FUN PACK MAKES PARENTING EASY FOR EVERYONEFebruary 15, 2019
Capitalism is hostile to families. The welfare state can fix that.*
FIGHTING CLIMATE CHANGE WITH A GREEN TVAJanuary 23, 2019
Turning the TVA into the public power company we need.*
A PROGRESSIVE CASE FOR A CARBON TAX-AND-DIVIDEND SCHEMESeptember 19, 2018
A carbon dividend scheme could dramatically cut emissions while redistributing income.*
TACKLING INEQUALITY THROUGH THE SOCIAL OWNERSHIP OF CAPITALAugust 28, 2018
A detailed proposal for the creation of a dividend-paying socialwealth fund.
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THE HEARTLAND INSTITUTE PUT OUT A VERY STUPID M4A ANALYSISAugust 7, 2019
Justin Haskins’s analysis overstates the net cost of M4A by 200percent.
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HEALTH INSURANCE CHURN IN THE US IS A NIGHTMAREJuly 29, 2019
People lose their health insurance constantly with little choice overthe matter.
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DON’T BLAME THE ALASKA PERMANENT FUND DIVIDENDJuly 18, 2019
The state can easily close solve its budget woes with ordinary taxes.*
BIDENCARE SYSTEM WILL KILL 125,000 THROUGH UNINSURANCEJuly 15, 2019
The body count of 3 percent uninsurance is staggering. Insurance mustbe universal.
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A PRIMER ON THE DIFFERENT TYPES OF LABOR UNIONSJuly 9, 2019
Craft. Industrial. Public Service. Enterprise. You need to know themto do labor policy.
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People's Policy Project is supported by over 1,800 small donors pledging $5 to $15 per month. This funding source allows us to do our work without being compromised by the corporate money other thinktanks rely on.
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