<< Does it boost worker take-home pay, or is it
mostly a subsidy to low-wage employers? The last time I talked to her she
was saying that its effect boosting the take-home pay of the less-skilled
was larger than its effect reducing the cost of hiring to those who employ
the less-skilled. But the issue is far from settled.. >>
Brad,
Earning $8,000/year with a child or two doesn't seem to be very appealing. Would you or I want to live under these conditions.
While the marginal effects may seem interesting for economists - NOT ONE ECONOMIST would ever want to have to be subjected to the EITC.
Jason