"The 1 Move That Could Suddenly Pull 300,000 Workers Out Of Poverty"

[applegrove]

The 1 Move That Could Suddenly Pull 300,000 Workers Out Of Poverty

http://www.huffingtonpost.com/2013/07/16/eitc-for-childless-workers_n_3606165.html?ncid=edlinkusaolp00000003

"SNIP..............................


Legislation introduced in both the Senate and the House of Representatives could pull hundreds of thousands of the country's working poor out of poverty, according to a new study by the nonpartisan Center on Budget and Policy Priorities.

The legislation in question would alter the Earned Income Tax Credit (EITC), a wage supplement for low-income families, by lowering the eligibility age to 21 for childless workers and raising the maximum credit available to all. Doing so, according to the study, would lift more than 300,000 people out of poverty.

As of today, all childess workers under the age of 25 are ineligible for the EITC.

The EITC brought 3.1 million children above the poverty line in 2011 and generated as much as $1.50 in additional earnings for every dollar spent on the program, according to a report by the Brookings Institute, a nonprofit research organization.


............................SNIP"

[zbdent]

1. Declaring that $34K a year puts you in the 1 percent?

[applegrove]

2. One of the Kochs said that the other day. Why are you posting that here?

[zbdent]

3. that would be one way that the RWers would declare that

they "ended" poverty ...

[applegrove]

7. Sarcasm smilie is your friend. I didn't understand the question mark.

[RC]

4. And here I was thinking they would lower the wage level that they declare as the

poverty level.
Sounds more logical to me, as what they would most likely do.

[mick063]

5. The single greatest move that could pull America out of poverty

Would be making health care affordable.

Health care costs are literally destroying the fabric of our nation. Heath care costs are what is driving the middle class into poverty.

Health care costs are the premier issue of the day.

[handmade34]

6. would rather see

guaranteed jobs that pay a livable wage (or a minimum income)... the EIC is a subsidy to large corporations and is not fair in its distribution...