This week at CBPP, we focused on food assistance, health, state budgets and taxes, federal taxes, poverty and inequality, and the economy.
On food assistance, Robert Greenstein applauded congressional leaders who protected SNAP (food stamps) in the bipartisan 2018 farm bill. Javier Balmaceda warned that without more federal funding, 1.4 million Puerto Rico residents face food aid cuts.
On state budgets and taxes, Elizabeth McNichol explained that states can expand opportunity by expanding wealth taxes, including those on inherited wealth and capital gains. Balmaceda noted that Puerto Rico is expected to implement a local Earned Income Tax Credit in 2019.
On federal taxes, Paul N. Van de Water cautioned that the House shouldn’t delay or repeal health-related taxes.
On poverty and inequality, Chad Stone, Danilo Trisi, Arloc Sherman, and Roderick Taylor updated their guide to statistics on historical trends in income inequality.