Research Results

Press Releases

Monthly Child Tax Credit Insulated Families From Inflation, Steered Parents Away From Predatory Lending Study Finds

April 14th, 2022

WASHINGTON, D.C. — New research finds the monthly Child Tax Credit significantly improved the financial security of eligible families amid rising costs, even causing a sharp decline in households seeking high-cost financial services such as predatory payday loans …
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Press Releases

Study: Employment Declines for Parents After Ending CTC Payments

April 5th, 2022

WASHINGTON, D.C. — Households who received the monthly Child Tax Credit in 2021 experienced a dramatic decline in employment after the credit expired, according to a recently-released analysis of Census Bureau data. The report from the Social Policy …
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News

The Monthly Child Tax Credit Gave Birth to New Entrepreneurs

February 14th, 2022
Scott Santens

It’s no coincidence that during the pandemic, entrepreneurship increased in the United States by 23%, which was more than any other advanced economy.
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News

Study: Monthly Child Tax Credit Spurred Entrepreneurial Boom

January 26th, 2022

A recent Social Policy Institute analysis of Census Pulse Survey data released today reaffirmed similar previous studies showing that the Child Tax Credit (CTC) removed barriers to work and encouraged families to start new businesses.
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