Increase
Earned Income Tax Credit?
DYI: In today’s current income inequality
environment what is needed is expansion by a dramatic amount the Earned Income
Tax Credit Program [EIC]. This would
have the immediate effect of reducing poverty.
How would this be payed? By
increasing EIC significantly all Federal poverty programs such as SNAP [food
stamps] and Housing Urban Development [HUD] would be discontinued freeing up
billions. Plus end Federal minimum laws
as this will increase employment dramatically even for those with marginal job
skills. By dropping this cost for
business many employers would find it profitable to establish long term training
programs. Future employees would be able
to earn while they learn.
Just
a quick thought! What’s your opinion?
DYI
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