Make earned income tax credit a more effective anti-poverty tool: Guest commentary
Make earned income tax credit a more effective anti-poverty tool: Guest commentary
- May 24, 2017
- David Neumark, economics, via Los Angeles Daily News, May 24, 2017
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David Neumark, Chancellor’s Professor of Economics at the University of California, Irvine, [writes]: “The earned income tax credit stands out as the most effective pro-work, anti-poverty policy the United States has devised. California is among 27 states that offer an additional state EITC on top of the federal credit. However, due to its unusual structure and the new statewide minimum wage increase, its effectiveness will soon be undermined as people work fewer and fewer hours to qualify for large EITC payments.”
For the full story, please visit http://www.dailynews.com/opinion/20170524/make-earned-income-tax-credit-a-more-effective-anti-poverty-tool-guest-commentary.
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