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by naniwaduni 799 days ago
We have a tax rate with negative tax rates at the low end of the scale. For sketchy social policy/political tenability reasons it doubles as a child subsidy and phases in up to a nominal amount of preexisting so-called earned income, but functionally that's what the earned income tax credit is.

Expansion of the EITC program is fairly well-regarded among economists and has been historically quite popular! We should do more of it!

1 comments

True. It would be nice to decouple it from children and expand its scope of economic impact dramatically.