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Old 09-25-2006, 06:08 AM   #1
sobre

Join Date
Oct 2005
Posts
382
Senior Member
Default Democrats, tax policy, and the way forward.
The key point I really like is expanding the earned income tax credit instead of raising the minimum wage. For the foriegners who don't know the EITC is a subsidy which the Federal government gives to every low income worker who makes less then a certain amount but only if they have a job and work. No work then you don't get any EITC. I like it because it rewards people for working instead of staying on the doll, it give poor people more money then if they were just making minimum wage, and it subsidizes employment since employers can retain more workers while not paying as much.

I think that is better then increasing the minimum wage though this would mean the cost is pushed off of companies and on to the federal government.
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