abstract: 'The universal earned income tax credit is a worker subsidy designed to

  offset wage stagnation. The base proposal would replace existing

  subsidies for working families with a refundable 100 percent tax credit

  on individual wages up to \$10,000 and a larger, refundable child tax

  credit. The maximum credit grows with gross domestic product,

  guaranteeing that low-wage workers benefit from economic growth. The

  credits are offset by a broad-based value-added tax or income surtax.

  The proposals are progressive: After-tax income for the bottom quintile

  would increase by about 2.5 percent. The tax burden on the top 1 percent

  would increase by 7-14 percent of income, depending on financing.'
affiliation: 'Burman, LE (Corresponding Author), Urban Inst, Tax Policy Ctr, Washington,
  DC 20037 USA.

  Burman, LE (Corresponding Author), Syracuse Univ, Maxwell Sch, Dept Publ Adm \&
  Int Affairs, Syracuse, NY 13244 USA.

  Burman, LE (Corresponding Author), Syracuse Univ, Maxwell Sch, Ctr Policy Res, Syracuse,
  NY 13244 USA.

  Burman, Leonard E., Urban Inst, Tax Policy Ctr, Washington, DC 20037 USA.

  Burman, Leonard E., Syracuse Univ, Maxwell Sch, Dept Publ Adm \& Int Affairs, Syracuse,
  NY 13244 USA.

  Burman, Leonard E., Syracuse Univ, Maxwell Sch, Ctr Policy Res, Syracuse, NY 13244
  USA.'
author: Burman, Leonard E.
author-email: lburman@urban.org
author_list:
- family: Burman
  given: Leonard E.
da: '2023-09-28'
doi: 10.17310/ntj.2020.4.12
eissn: 1944-7477
files: []
issn: 0028-0283
journal: NATIONAL TAX JOURNAL
keywords: inequality; EITC; VAT; UBI; CTC
keywords-plus: WELFARE; INCOME; DESERVINGNESS; PARTICIPATION; IMPACT
language: English
month: DEC
number: '4'
number-of-cited-references: '71'
pages: 1187-1218
papis_id: 602be2a1c8913fc094383f4748d86891
ref: Burman2020universaleitc
times-cited: '2'
title: 'A UNIVERSAL EITC: MAKING WORK PAY IN THE AGE OF AUTOMATION'
type: article
unique-id: WOS:000598393900012
usage-count-last-180-days: '0'
usage-count-since-2013: '4'
volume: '73'
web-of-science-categories: Business, Finance; Economics
year: '2020'