What do you think of the earned income tax credit vs minimum wage increase debate? Thanks!
I wrote an in-depth article on the topic! My position is a “hybrid living wage” where we 1.) expand the EITC and reform it to make it more of a direct wage subsidy, and 2.) raise the federal minimum wage to $10 or $11, which would together guarantee every worker a $15 minimum wage without the potential disemployment effects of a dramatic mimimum wage hike in many areas.