A better way to boost incomes
A better way to boost incomes
- March 7, 2014
- Research by David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is featured on Independent Women’s Forum March 7, 2014
-----
From Independent Women's Forum:
Much of President Obama’s fiscal-2015 budget request will stoke familiar partisan
battles over taxes and spending. One major exception is Obama’s proposal to enlarge
the Earned Income Tax Credit (EITC), a “negative tax” wage subsidy celebrated by Democrats
and Republicans alike… Research by economists David Neumark of UC Irvine and William
Wascher of the Federal Reserve has found that the EITC reduces poverty (in Neumark’s
words) “not simply through the payment of the credit, but also through the incentives
that the credit creates to work more.” Put another way: “Even before we account for
the credit payment,” the EITC establishes “pro-work incentives” that “lead to more
families earning their way out of poverty.”
For the full story, please visit http://iwf.org/blog/2793359/.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Related News Items
- Careet RightZhang '26 named 2026 Justice and Equity Research Paper Award recipient
- Careet RightUC Irvine-led research team to develop evaluation protocols, tools for city chatbots
- Careet RightTeens can learn more from retail and service work than at a fancy summer internship in an office
- Careet RightYou are an 'avatar in a VR game,' scientist claims--meaning reality isn't what it truly seems
- Careet RightElection 2026: What low voter turnout in California means, or not, for June 2 primary