2023-09-28 14:46:10 +00:00
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abstract: 'The universal earned income tax credit is a worker subsidy designed to
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offset wage stagnation. The base proposal would replace existing
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subsidies for working families with a refundable 100 percent tax credit
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on individual wages up to \$10,000 and a larger, refundable child tax
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credit. The maximum credit grows with gross domestic product,
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guaranteeing that low-wage workers benefit from economic growth. The
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credits are offset by a broad-based value-added tax or income surtax.
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The proposals are progressive: After-tax income for the bottom quintile
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would increase by about 2.5 percent. The tax burden on the top 1 percent
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would increase by 7-14 percent of income, depending on financing.'
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affiliation: 'Burman, LE (Corresponding Author), Urban Inst, Tax Policy Ctr, Washington,
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DC 20037 USA.
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Burman, LE (Corresponding Author), Syracuse Univ, Maxwell Sch, Dept Publ Adm \&
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Int Affairs, Syracuse, NY 13244 USA.
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Burman, LE (Corresponding Author), Syracuse Univ, Maxwell Sch, Ctr Policy Res, Syracuse,
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NY 13244 USA.
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Burman, Leonard E., Urban Inst, Tax Policy Ctr, Washington, DC 20037 USA.
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Burman, Leonard E., Syracuse Univ, Maxwell Sch, Dept Publ Adm \& Int Affairs, Syracuse,
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NY 13244 USA.
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Burman, Leonard E., Syracuse Univ, Maxwell Sch, Ctr Policy Res, Syracuse, NY 13244
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USA.'
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author: Burman, Leonard E.
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author-email: lburman@urban.org
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author_list:
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- family: Burman
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given: Leonard E.
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da: '2023-09-28'
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doi: 10.17310/ntj.2020.4.12
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eissn: 1944-7477
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files: []
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issn: 0028-0283
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journal: NATIONAL TAX JOURNAL
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keywords: inequality; EITC; VAT; UBI; CTC
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keywords-plus: WELFARE; INCOME; DESERVINGNESS; PARTICIPATION; IMPACT
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language: English
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month: DEC
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number: '4'
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number-of-cited-references: '71'
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pages: 1187-1218
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papis_id: 602be2a1c8913fc094383f4748d86891
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ref: Burman2020universaleitc
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times-cited: '2'
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title: 'A UNIVERSAL EITC: MAKING WORK PAY IN THE AGE OF AUTOMATION'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000598393900012
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usage-count-last-180-days: '0'
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usage-count-since-2013: '4'
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volume: '73'
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web-of-science-categories: Business, Finance; Economics
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year: '2020'
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