Brookings Institution: Robert Moffitt: Questions About EITC’s Role in the Safety Net

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Source:The New Democrat 

The whole point of the Earned Income Tax Credit which was signed into law by Richard Nixon or Gerald Ford, hardly Socialists, or even Liberals, was to encourage low-skilled workers to work even for low- income jobs. Instead of collecting all of their income from public assistance. So these workers can at least get some work experience even at entry-level service jobs and not be completely dependent on public assistance for their economic well-being. And by this standard the EITC has been very successful in the United States. And has probably contributed to keeping our unemployment rate lower than it otherwise would’ve been. Had people making ten to twenty-thousand-dollars a year not enough for most of the country by itself. Especially If they had to pay federal income taxes as well.

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About Erik Schneider

I use the American Liberal photo as the cover photo for this blog, because that’s exactly what I am. And no, not in the stereotypical, sort of pop culture sense of what an American Liberal is supposed to be. But someone who represents what American liberalism, as well as European liberalism, and perhaps the liberalism of the rest of the world outside of the United States. Liberals are people who believe in defense of liberal democracy, as well as the preservation of liberal democracy. And of course we also believe in liberal democracy with all the individual rights, and other liberal values that come from liberal democracy, the liberal democratic form of government, like equal opportunity, equal rights, equal justice, property rights, individual freedom and freedom of choice for everybody, as well as limited but responsible government, and fiscal responsibility
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