The better answer is a major and carefully crafted expansion of the Earned Income Tax Credit (EITC), which currently goes to millions of low-income workers. Payments to eligible workers diminish as their earnings increase. But there is no disincentive effect: A gain in wages always produces a gain in overall income. The process is simple: You file a tax return, and the government sends you a check.
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Good old Warren wants to shift the burden from himself to the taxpayers.
The real solution is to control unchecked immigration.
Yep, you understand the situation.
However as plan B, if he wants to raise the EITC then a special tax s/b crafted for people like him.
As Billionaires like him are the ones who benefit the most from the current system. They should pay for it.
Re:”Good old Warren wants to shift the burden from himself to the taxpayers.
The real solution is to control unchecked immigration.”
Good for you you caught that. The reason wages are so low is the government interferes in the labor market in may ways.
Both rampant legal and rampant illegal aliens reduce those who work for a living to the status of neo-slaves and neo-serfs.