Summers: US tax system is burdening working class
- October 3, 2014
- David Neumark, economics Chancellor's Professor, is quoted by Newsmax Finance Oct. 3, 2014
From Newsmax Finance
David Neumark, an economist at University of California, Irvine, advocates increasing the earned income tax credit as a substitute for raising the minimum wage. "Minimum wages are ineffective at helping poor families because such a small share of the benefits flow to them," he writes in The Wall Street Journal.
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