Raising the tax exemption for children sounds like a great idea until you realize it hasn’t worked anywhere in the industrialized world.
“Raising the tax exemption for children sounds like a great idea until you realize it hasn’t worked anywhere in the industrialized world.”
Links?
“an increase in the tax value of the personal exemption of 50 dollars will increase the general fertility rate by 6 to 12 births per 1000 women [from a base of 95.5]” - Whittington, Leslie & Alm, James & Peters, H.. (1990). Fertility and the Personal Exemption: Implicit Pronatalist Policy in the United States. The American economic review. 80. 545-56. (https://www.researchgate.net/publication/11733793_Fertility_and_the_Personal_Exemption_Implicit_Pronatalist_Policy_in_the_United_States)