Will Biden’s Tax Plan Discourage Work? We Already Know the Answer.

“the international experience shows that a child allowance is not anti-work. The vast majority of countries in the Organization for Economic Cooperation and Development already provide an unconditional child benefit, and most have a higher labor force participation rate than the U.S. In fact, research suggests that parents receiving allowances actually work more: “After Canada enacted a national child allowance in 2006, employment rates for mothers actually increased across the board,” according to one report. In 2016, Canada increased its annual child allowance to $4,800 per young child and $4,000 per older child — and the economy added jobs.”


https://www.politico.com/news/magazine/2021/02/10/biden-tax-plan-work-child-tax-credit-labor-sperling-468183

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