Please login to vote

Ideas


Agree 0 Disagree 0

The EITC could be changed to minimize the distortion of incentives to work, marry, and have children

By Hicbd
Thu Nov 8 2012 6:10 am

The Earned Income Tax Credit (EITC) could be increased to create more resources for children from noncustodial parents and from second-earners in two-parent families. It could provide all adult low-wage workers (ages 21-54) who work full time (30+ hours a week) a payment close to the current family EITC and be based on an individual’s personal income. Singles could be eligible regardless of dependents or marriage as could second earners in a married family to minimize the distortion of incentives to work, marry, and bear children. The minimum wage could also be indexed to inflation to make the EITC more effective and affordable.

URL:
http://www.mdrc.org/area_issue_53.html
www.mdrc.org/publications/450/print.html

URL Credit


Categories:
Global Poverty U.S. Taxes Earned Income Tax Credit (EITC)

----------------------------------------------------------

Please login to comment


Share on Facebook

Share on Twitter

Add to Favorites