How a popular anti-poverty program distorts work, education, and long-term growth
Many of the valid criticism of EITC could be remedied with reforms that make it more of a wage subsidy. For example, employers could just apply the credit against the wage taxes for Social Security and Medicare.
Many of the valid criticism of EITC could be remedied with reforms that make it more of a wage subsidy. For example, employers could just apply the credit against the wage taxes for Social Security and Medicare.