Minimum Wage Workers Not in Poverty According to Feds - Granite Grok

Minimum Wage Workers Not in Poverty According to Feds

What of them that there are…

(Human Events) At the federal level alone, full-time minimum wage workers with any number of children are eligible for both the Earned Income Tax Credit (EITC)—$496 in 2014—and the Child Tax Credit (CTC), which combined with the federal minimum wage of $7.25 equals or exceeds the poverty level for all conceivable family combinations. This effectively means that no one working full-time on a minimum wage in the United States is actually in poverty according to the federal government, and the taxpayer aid they receive dwarfs the minute benefits minimum wage workers gain from increased pay.

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