Our Economic Times: EITC and Minimum Wage Most Effective Together

Research output: Contribution to journalArticlepeer-review

Abstract

This column was published in Savannah Morning News.

The great debate on poverty reduction in America has pivoted towards the relative impact of expanding the Earned Income Tax Credit (EITC) versus raising the minimum wage. President Obama's recent proposed budget to Congress included provisions for both. Motivated by the increasing income gap across the U.S. population, consideration of these two proposals will certainly shape future economic policy even if they are unlikely to be passed this year let alone implemented and take effect. The EITC is aimed at benefiting working individuals with low to moderate income through tax credits...

Original languageAmerican English
JournalSavannah Morning News
StatePublished - Mar 1 2014

Keywords

  • EITC
  • Minimum wage

DC Disciplines

  • Finance and Financial Management

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