Boosting Paychecks

Boosting Paychecks

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In this clear-eyed account, Daniel Gitterman focuses on two policy tools that have been used to aid the working poor since the early twentieth century: the federal tax code and the minimum wage. The tax code can be fine-tuned in many ways- through changes to exemptions, deductions, credits, tax brackets, and rates- to alter the amount of income workers are left with at the end of the day. In combination with the minimum wage, it helps determine the economic well-being of many lower-income households. Forging a new political bargain that balances labor-market flexibility with security for poor working families is one of the most critical challenges facing government today.--P. [iv] of cover.... Perioda€“1970 ( abs/statab.html); IRS Form 1040 instructions, various years; James Young, ... a€œPersonal Exemption and Standard Deduction 2001a€“2009a€ ( cfm?

Title:Boosting Paychecks
Author: Daniel Paul Gitterman
Publisher:Brookings Institution Press - 2010-05-01

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