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The US already has this with EITC and CTC. These programs paid out over 70 billion in 2017 to over 27 million families.
by hnburnsy 8y ago
The US already has this with EITC and CTC. These programs paid out over 70 billion in 2017 to over 27 million families.
- maxerickson 8y agoSort of. Except EITC is anemic and a work incentive with a focus on children rather than a negative income tax. Someone supporting a kid gets a much larger max benefit than someone earning the max benefit with no children ($3,400 vs $510) and the benefit tapers away for low incomes.