MassBudget | | Information. |
| Participation. |
Massachusetts Budget and Policy Center | | Democracy. |
|
|
|
|
Rewarding Work: The Minimum Wage and Tax Credits |
|
Rewarding Work: The Minimum Wage and Tax Credits discusses the important roles played by both the Earned Income Tax Credit (EITC) and the minimum wage in expanding economic opportunity for low-wage workers. This Facts At A Glance finds that the EITC and a strong minimum wage are complementary policies:
-
The EITC is particularly effective at helping those lower-income working families with children.
-
The EITC works best when coupled with a strong minimum wage to mitigate any downward pressure on wages.
-
While a very effective wage supplement for many low-wage working families, the scale and scope of a state EITC can't substitute for adequate wages.
This Facts At A Glance also examines an employer tax break related to the minimum wage that was recently adopted in New York, one that creates a variety of problems for low-wage workers.
|
The Massachusetts Budget and Policy Center (MassBudget) produces policy research, analysis, and data-driven recommendations focused on improving the lives of low- and middle-income children and adults, strengthening our state's economy, and enhancing the quality of life in Massachusetts. |
MASSACHUSETTS BUDGET AND POLICY CENTER
15 COURT SQUARE, SUITE 700
BOSTON, MA 02108
|
|
|
|
|
|
|
|
No comments:
Post a Comment