TCJA increased the Child Tax Credit, expanded 529 savings accounts, and lowered the overall tax rate for many working families.
Social Mobility
The American Dream is about the ability to pursue happiness and better oneself and others. If people work hard, they should be able to climb the economic and social ladder. That’s why America earned the moniker the “Land of Opportunity.”
As more people begin to lose faith in the American Dream, policy leaders must get to work on solutions that restore social mobility, especially to those who need it most.
Low-income Americans find themselves ensnared in the safety net, stranded by benefits cliffs. Structural flaws keep them from getting ahead and becoming independent. Our nation’s welfare policies should encourage work and family formation. Every American should experience dignity in work and the power of creating value for others.
All Social Mobility
A Penn LDI and opportunity for health lab virtual seminar explores economic assistance programs
The Beehive State passed an important reform that will help struggling Utahns escape poverty and dependence
Tariffs invariably tax consumers
The poverty of opportunity requires fundamentally changing how policymakers address the needs of poorer Americans
Tony Blair makes the case for a “once-in-a-generation disruption” to improve government efficiency
The nation’s sclerotic, overly bureaucratic social welfare system fails both taxpayers and the poor it's meant to help
Despite progress on reducing inflation, inflation inequality remains high