2 Responses to Inequality: An essential reader

  1. imhotep December 27, 2013 at 11:30 am #

    The Earned Income Tax Credit is part of the problem. It is not part of the solution. Even though those who profess to be champions of the poor claim that expanding and growing the EITC would be a better solution to poverty and wealth inequality than increasing the minimum wage would be. The Earned Income Tax Credit shifts the burden of paying a living wage away from the profit centers—corporations–and on to the taxpayers. But only to those taxpayers who are ineligible to take advantage of the tax deductions granted to corporations and those with unearned income (1%). In other words high income earners and companies employing lobbyists that write our tax laws will contribute nothing . How is that fair or just? The EITC is a scam.

  2. Ron December 27, 2013 at 12:30 pm #

    Any solution that does not involve taxing corporations and the 1% into submission and returning jobs to the US is smoke and mirrors. Without ever earning another penny, the vampire class would still be the 1% for eternity.

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