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The Earned Income Tax Credit (EITC) is one example of how to do this. It effectively increases the earnings of low wage workers without distorting market prices
by nstf 14y ago
The Earned Income Tax Credit (EITC) is one example of how to do this. It effectively increases the earnings of low wage workers without distorting market prices.
The EITC does not _directly_ address the retirement/disability problem, though.
- markshead 14y agoGiving someone a windfall each year of several thousand dollars is not the same as increasing their wages. It gets spent on very different things.