22 min
Investing in Children's Potential with a Tax Credit (Diane Whitmore Schanzenbach) The Tax Maven
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- Government
Can tax law produce healthier babies? Those aren’t the kinds of questions most tax experts focus on, but Professor Diane Whitmore Schanzenbach shows how the design of our tax laws can affect people in profound ways. In this episode we discuss the Earned Income Tax Credit and how it has affected the lives of millions of Americans living in poverty.
The EITC has drawn low-skill mothers into the workforce more effectively than even optimistic observers in the mid-1990s might have hoped. It has also taught us important lessons about how the tax tools we use to help our most vulnerable neighbors can affect everything from whether they eat healthy food to the birthweight of their infants. Schanzenbach tells us what she has learned about the limitations and possibilities of delivering hope through the tax law.
The pencil question comes from an article by Julie Roin.
Can tax law produce healthier babies? Those aren’t the kinds of questions most tax experts focus on, but Professor Diane Whitmore Schanzenbach shows how the design of our tax laws can affect people in profound ways. In this episode we discuss the Earned Income Tax Credit and how it has affected the lives of millions of Americans living in poverty.
The EITC has drawn low-skill mothers into the workforce more effectively than even optimistic observers in the mid-1990s might have hoped. It has also taught us important lessons about how the tax tools we use to help our most vulnerable neighbors can affect everything from whether they eat healthy food to the birthweight of their infants. Schanzenbach tells us what she has learned about the limitations and possibilities of delivering hope through the tax law.
The pencil question comes from an article by Julie Roin.
22 min