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by jorgis
4200 days ago
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The problem I see with using EITC in this way is that it masks the cost of labor for any company paying minimum wage. A huge hole in arguments against raising the minimum wage is that few seem to address the fact that many workers are already receiving additional pay in the form of benefits. The benefits are more expensive and less flexible than an equivalent pay raise, because new bureaucratic infrastructure inevitably has to be created to manage the new benefit. Is that really more efficient than just paying higher wages? |
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