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The Earned Income Tax Credit (EITC) is one of the largest anti-poverty programs in the United States, providing over … low-income workers, the EITC reduces poverty both directly through the credit itself and indirectly through labor supply … the fundamentally different incentives the EITC poses for single- and dual-earner households. However, as the EITC …
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Minimum wage increases are not a very effective mechanism for reducing poverty. They are not related to decreases in poverty rates. They can cost some low-income workers their jobs. And most minimum wage earners who gain from a higher minimum wage do not live in poor (or near-poor) families. A...
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In diesem Bericht werden die Einkommenssteuersätze und Steuervergünstigungen verschiedener Länder verglichen. Dabei wird der Einfluß der Einkommenssteuerhöhe und des Kinderfreibetrags auf die Arbeitsmarktentwicklung untersucht.
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Since 1975, the earned income tax credit (EITC) has transformed from a small, obscure provision of the federal tax code … into one of the largest programs in the U.S. social welfare system. Today, the EITC provides $47 billion in benefits each … year to 24 million workers and their families. Bill Clinton famously called the EITC “a cornerstone of our effort to reform …
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