Increase the Earned Income Tax Credit Rather than the Minimum Wage?


Interesting. The R.I. Center for Freedom and Prosperity (disclosure: for whom I act as Communications Manager) came out late last week against an increase in the minimum wage and instead, makes the case for an expansion of Rhode Island’s Earned Income Tax Credit (EITC).

What do you think?

“Hiking the minimum wage will cost jobs for many of the people it is intended to help. It is anti-family and it is anti-business,” commented Mike Stenhouse, CEO for the Center. “Conversely, EITC expansion helps low income families without the risk of job loss and without directly harming small businesses.”

  • Mike678

    I’m for it if we change the name from “earned-income tax credit” to what it is–aid to dependents

  • Rhett Hardwick

    Regardless of other arguments, pro and con, a once a year hit hardly seems likely to have the effect desired.