US Politics
Featured

Increased Child Tax Credit Paves Way for Universal Basic Income, Experts Say

Increased Child Tax Credit Paves Way for Universal Basic Income, Experts Say
Public Domain
Bowen Xiao
Bowen Xiao
Reporter
|Updated:

The Biden administration is planning to drastically expand the nation’s welfare state through increased child allowance grants quietly added into the latest stimulus, which some experts say is a move toward universal basic income.

As part of the $1.9 trillion COVID-19 relief package, the annual child tax credit was increased to $3,000 per child from ages 6 to 17, and $3,600 for children under 6. It will be made fully refundable, and payable in monthly installments of $300.

Bowen Xiao
Bowen Xiao
Reporter
Bowen Xiao was a New York-based reporter at The Epoch Times. He covers national security, human trafficking and U.S. politics.
twitter
Related Topics