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@ehaspel @JoshuaTMcCabe The Canada Child Benefit avoids this problem by basing it on your prior-year income, which… https://t.co/eBCeHQXOJC
Retweeted by Matt Bruenig @ehaspel @JoshuaTMcCabe If you had a high income last year, but your income collapses, the CCB doesn't adjust. It s… https://t.co/Gn5iNHQVVt @ehaspel @JoshuaTMcCabe The Canada Child Benefit avoids this problem by basing it on your prior-year income, which… https://t.co/eBCeHQXOJC @ehaspel @JoshuaTMcCabe Josh does not seem to have any specific definition of tax credit, which is fine. I am not t… https://t.co/FmUepHHvrc @ehaspel @JoshuaTMcCabe The Canada Child Benefit is a direct payment. It is means-tested based on your prior-year i… https://t.co/DsJt7NWpWM @JoshuaTMcCabe @ehaspel For example, my proposal could be called a $374/month universal child tax credit. And it wo… https://t.co/YYcmMtnev6 @JoshuaTMcCabe @ehaspel They were a complete disaster in the UK as well. As we concluded in the other thread, I don… https://t.co/hMtm0RgwiQI want to read an article explaining why America distributes so much of its financial support to children and famil… https://t.co/ivl3fluo1A
Retweeted by Matt Bruenig @bentonjruiz @giuseppe_aaron This is a good point I hadn't considered. @giuseppe_aaron This is why I argue we should reduce the minimum wage. There is no reason to pay someone $7.25 inst… https://t.co/SfSEHmEavR
Retweeted by Matt Bruenig @giuseppe_aaron This is why I argue we should reduce the minimum wage. There is no reason to pay someone $7.25 inst… https://t.co/SfSEHmEavRImmediately, they ran into major overpayment problems. About 1/3rd of all benefits were overpaid, and there were re… https://t.co/Zo5RPwudKD
Retweeted by Matt BruenigICYMI https://t.co/8feVBZA8C5 @Noahpinion Better get rid of the Bush library tooFresh pod content, come and get it https://t.co/mkT1Kjximc https://t.co/ODpwfQPclZ
Retweeted by Matt Bruenig @ryanlcooper important to stand for something @SportsSturm Yet 3% of teams do it every year.Michael Jordan only had 28 career triple-doubles, less than Luka Doncic. @ptrkbrn @MattBruenig Down to 9.3% in May and June, the lowest poverty rate in American history: it'd never dropped… https://t.co/BvfH4ESQks
Retweeted by Matt Bruenig @RebeccaBrenia @jdcmedlock very carefully @jdcmedlock when that free market hits https://t.co/Mz8FAVjjvwFun illustration of how poverty and inequality would still exist in a world where all workers are paid exactly the… https://t.co/DCt5rtsEojthat's right https://t.co/uAhgdKElN2 https://t.co/UuWZqfyuZN @RealEric4Real The JG is based on your prior earnings not an established amount, like $15/hr? I've not seen any JG… https://t.co/H7iQ9JlQBA @RealEric4Real Whatever you want to set the JG at is what I want to set the minimum UI benefit at. @RealEric4Real It does last forever at the minimum benefit level (e.g. $15/hr) in some countries. @corbydavidson Adam Vinatieri > Tom Brady
Retweeted by Matt Bruenig @corbydavidson Adam Vinatieri > Tom Brady @sandyd2713 The Nordic norm on all three of these benefits, as well as paid leave benefits, is to establish a minim… https://t.co/sOYERRkT29 @sandyd2713 Again, this is comparable to old-age and disability benefits. You could restrict those benefits only to… https://t.co/zih0mIARMj @sandyd2713 You don't need to restrict it to people who were previously employed or in education or training. You c… https://t.co/fSFWfSuLbj @MattBruenig Fuck you.
Retweeted by Matt Bruenig @sandyd2713 It’s an unemployment benefit not a basic income. Similar to an old age or disability benefit but for unemployed

Fresh pod content, come and get it https://t.co/mkT1Kjximc https://t.co/ODpwfQPclZYes poverty in the early-mid part of 2020 was the lowest on record even as unemployment was the highest since the g… https://t.co/uhQafIiUjJDuring the pandemic, the minimum unemployment benefit was set to $15/hr for a few months. So we actually have a precedent for that now.Creating an unemployment benefit equal to the minimum wage is a solid idea. Putting harsh work requirements on that… https://t.co/8bPdCtVDI1 @DaveBrady72 @PeteTheCitizen Right. Hide the means-test in the tax code. Don't hide the benefit in there. Don't tri… https://t.co/cowZA1xYkE @PeteTheCitizen @DaveBrady72 It's better to tax than to means-test, means-testing is of course a tax that is applie… https://t.co/HTeNbcMbGsEvery additional friction point loses you some marginal sales. The same is true of welfare programs!In general, policymakers should be more serious about how actual users actually interact with programs. Businesses… https://t.co/R3tRjfPRz422% of people eligible for the EITC do not claim it, disproportionately low-income families with children, as a res… https://t.co/rlY46UYhpt @PplPolicyProj Good I fucking hate people who make $47K a year
Retweeted by Matt Bruenig @interfluidity @otfrom @ryanlcooper @MattBruenig This is what Denmark is doing right now. For every child you autom… https://t.co/rwNQnCqh4E
Retweeted by Matt BruenigA rare Sunday post as coincidentally my own kid had me up all night. Relevant to the interests of @ryanlcooper… https://t.co/qoEHaCG3D0 @ClassHuggle I like Charles Hall as a starting point @interfluidity @Tomraa Another approach is to say apply the tax when labor and capital income is disbursed not when… https://t.co/VOuJ0OqGg0 @ConnorSouthard no risk no reward if you ask me @SlowCooker8 @ModeledBehavior Depends on the area. In many cities in particular, I think it's pretty clear that a l… https://t.co/mHVrQZFeEl @TheDuhalde @BrianDeCesare @ModeledBehavior @TheEconomist I'm not even sure Marx disagrees so much as views himself… https://t.co/TCl9qrbTWX @admiralpinko @ehwilhelm @ModeledBehavior Yeah I think so.from @ryanlcooper (with a shoutout to @MattBruenig) https://t.co/h9HkF85vq8 https://t.co/jg2gKB7LPH
Retweeted by Matt Bruenig @LittleKeegs0 @BlueRepublik Yes and to be more specific, the CBPP figures in that post *are inaccurate.* The Census… https://t.co/fLtZgYdPXGPerversely Bob's philosopher-king speculations about what kinds of welfare designs are politically doable has now b… https://t.co/pNaAkaaLmDA long-ago Greensteinian speculation that this is the best we can do should not continue to inform policy when it w… https://t.co/wyvtrhIjJfSharpest analyst so far of the, imo, mistaken decision to implement the child benefit expansion through tax credits… https://t.co/qH9i38J4EX @DavidSligar It does definitely help me compete. Contrast with the IRS microdata where they want me to pay $10k which I can't afford. @ShawnFremstad No need to hire an RA. I don’t require assistance @DavidSligar Even US America just puts it in the census websitewe are one of the top masked dancer fan podcasts https://t.co/oxtfBOQwea
Retweeted by Matt Bruenig @TunneyJt @HJWallEcon Norway had one

@amw_stanford @ModeledBehavior Income you get without having to work for it is of natural interest to anyone trying… https://t.co/Z5Ipm3ChTj @ehwilhelm @ModeledBehavior The early socialists all read and cited to Smith and Ricardo. Thought they were just building on those theories @ModeledBehavior Well Marx drew on Smith @JHWeissmann https://t.co/llQTIqHM80 @ModeledBehavior Though lots of people criticized landlord income over the years including the classical economists like Adam Smith @peterjgowan Stalin did nothing wrong @HJWallEcon Yes less than ten percent of kids go to private school and half of those are attending religious instit… https://t.co/ZZwAHvL3ED @NashDelirium @AbominableWhiz @HJWallEcon Less than ten percent of kids go to private school and half of those are… https://t.co/ucGO5ZouNV @granthyarbrough @Chilichimp1 M4A nationalizes *insurance* but not *health care providing*. These are different industries. @HJWallEcon is the government lowering the medicare eligibility age to 0 nationalization? @AbominableWhiz @HJWallEcon Public options typically require you to pay for them, such as with USPS being a public… https://t.co/PHVeOlqXcZ
Retweeted by Matt Bruenig @AbominableWhiz @HJWallEcon Public options typically require you to pay for them, such as with USPS being a public… https://t.co/PHVeOlqXcZ @HJWallEcon Providing every person a free checking account at a government bank would effectively nationalize the c… https://t.co/NDiq7VBh2i
Retweeted by Matt Bruenig @HJWallEcon Providing every person a free checking account at a government bank would effectively nationalize the c… https://t.co/NDiq7VBh2ipath to riches 👇 https://t.co/7pckTeE8up @FBIsurveillanc7 @DanRiffle Sad thing is that this is not really true. The unions would be among the biggest benefi… https://t.co/VQGOZpLzOP @MaxGhenis Using race, gender, or anything else in your calculation of who to hire when that is not a "bona fide oc… https://t.co/tjYzhoku0C @MaxGhenis I don't think so. In fact, it's illegal! @MaxGhenis https://t.co/Ev7KFzSkEe @MaxGhenis Should an employer be able to talk about how they'd like to have sex with an employee or that they'd never hire a black person? @MaxGhenis I'll gladly join hands with any company that wants to relegalize secondary boycotts, recognitional picke… https://t.co/5YKx0vaIyd @MaxGhenis If you want to say shit like this, you are free of course to not take a managerial position somewhere. I… https://t.co/NHMcZrz8Pf
Retweeted by Matt Bruenig @MaxGhenis The labor relations regime has to be understood in its totality. Workers are not allowed to do secondary… https://t.co/70lyN6URrF @MaxGhenis If you want to say shit like this, you are free of course to not take a managerial position somewhere. I… https://t.co/NHMcZrz8Pf @Chilichimp1 Does nationalizing the health insurance industry require that much more? In its simplest form, you shi… https://t.co/NSv52RzS3G @john_voorheis perhaps invest in carbon capture as coal is on secular decline @Dengbat it is different in that regard, but would it chill PCA of his subordinates, i think so, it amounts to a st… https://t.co/l9g4ryTUvJ @sunraysunray Facebook by comparison has a profit of around $20bn. @sunraysunray Is it bigger? I am not so sure. Like a lot of finance industries, they have a high revenue and a high… https://t.co/8QPUVlAYVW @JuniorMinton right @Ralph_I_el I mean banking and filing your taxes is also pretty basic shit that everyone has to do. @evil_diad does that it make more or less compelling for nationalization? people think a private insurer is not goi… https://t.co/lHbhrtjOnFThese industries are all fairly similar in that they are basically processing forms and handling money. And all wou… https://t.co/PtdJfY8gofSherrod Brown is willing to nationalize the consumer banking industry via FedAccounts. Many Dems seem willing to na… https://t.co/aSTP1Vy0jk @SportsSturm looks like he realized he wasn't catching the RB and so double-checked to see if Wilson maybe had itApparently the government has banned competition between the NFL and NCAA by forbidding the former from playing gam… https://t.co/Z5E1VPTsy5 @MattBruenig @brianmarq @FTC Yup, here is the bill. https://t.co/pdMaUCcdYT
Retweeted by Matt Bruenig @JHWeissmann @LetThemEatTakes Nationalizing the tax prep industry is a little much. Think about how many people lose their job. @JHWeissmann This is another way in which people who use tax models to talk about the targeting success of the prog… https://t.co/fIVkfcp86Q