65 lines
2.1 KiB
YAML
65 lines
2.1 KiB
YAML
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'
|