Source: www.sciencedaily.com - Wednesday, April 01, 2015
America's welfare state is quietly evolving from needs-based to an employment-based safety net that rewards working families and fuels dreams of a better life, indicates a new study. The major reason, authors indicate: the little-known Earned Income Tax Credit, a $65 billion federal tax-relief program for poor, working families. The program has been expanded dramatically during the past 25 years, while cash welfare has been sharply curtailed.
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America's welfare state is quietly evolving from needs-based to an employment-based safety net that rewards working families and fuels dreams of a better life, indicates a new study. The major reason, authors indicate: the little-known Earned Income Tax Credit, a $65 billion federal tax-relief program for poor, working families. The program has been expanded dramatically during the past 25 years, while cash welfare has been sharply curtailed.
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