Sara Kimberlin

Executive Director, Stanford @CenterPovIneq. Formerly @CalBudgetCenter. Econ security, housing. Long-time Californian. Global tidepool explorer. Tweets my own.

[Sara Kimberlin @skimberCA]

Bottom line: Incomes were up in 2023, which is good–but room to improve on poverty & inequality, which remain higher since expiration of pandemic policies like tax credits. Big picture shows that policymakers have effective tools available to address poverty & inequality. /END

[Sara Kimberlin @skimberCA]

It’s poverty data day! Today @USCensusBureau released the latest income and #poverty data for the United States, for calendar year 2023 – here are some key takeaways: 🧵 1/

@CenterPovIneq

[Sara Kimberlin @skimberCA]

On #inequality, no significant change in Gini coefficient from 2022 to 2023, before or after taxes. This was a contrast to 2022, when post-tax inequality increased, due to expiration of pandemic tax policies. 12/

[Terner Center @TernerHousing]

Today we're launching a new collaborative research series on efforts to address homelessness in California.

The first report in the series highlights five recent trends: https://t.co/oyCnR70Zc5

[Sara Kimberlin @skimberCA]

Key takeaway: Data show clear policy impact– expanded tax credits & stimulus paymts were very effective in cutting poverty even during disruption of pandemic, & expiration led to dramatic jump in poverty & inequality. These are important tools to address poverty & inequality./END

[Sara Kimberlin @skimberCA]

This morning @USCensusBureau released 2022 #poverty data– showing more Americans working than ever, and yet a dramatic *increase* in poverty, under the more robust Supplemental Poverty Measure– especially for kids. What happened? THREAD. 1/

@CenterPovIneq

[Sara Kimberlin @skimberCA]

Choice to let tax policies expire affected #inequality as well– looking at post-tax income, saw significant *increase* in Gini coefficient in 2022. Households with the least resources were helped the most by recent tax policies— and hurt the most when those policies expired. 12/