Michelmore on a permanent expansion of the Child Tax Credit

August 27, 2021 Marketplace

New evidence shows the federal expanded Child Tax Credit has had a positive impact on low-income families, decreasing childhood hunger and poverty. Those benefits are set to run out at the end of the year, but an extension is making its way through Congress. Kathy Michelmore explains on Marketplace that once people experience the benefits, they are more likely to become permanent.

“Once these changes happen in the tax code, they tend to stick because they tend to be fairly popular among the populations,” Michelmore said.