Basic Income Reduces Poverty, with Greatest Impact for Black and Latinx Households

Graphic showing authors' calculation of the effect of $1,000 monthly basic income with $250 allowance for each child using 2014 SIPP Panel Wave 4 Data. Income poverty is greatly reduced among adults with no children, single-parent households, and married families with children with the greatest reduction for people of color. Poverty is eliminated for Elders of all races.