28 May '15 14:22>
Originally posted by ZahlanziThe EITC is much more friendly to the employee than your idea. Under your idea, it's still the employer's call whether to pay the wages or cut back on human resources and not hire them to begin with (or cut employees' hours). Moreover, the EITC money is not taxable income to the employee, whereas minimum wage money is.
"You can't both have a higher minimum wage and prevent employers from cutting back."
sure you can. you give them (the small businesses) tax cuts to compensate. you prefer to give tax cuts to the giants however. very productive
"I'd even rather give low wage employees taxpayer cash as an incentive to work (which we already do - it's called the earned inc ...[text shortened]... orth, it can be deducted from your taxes.
why this fear to tax the giants who can afford it?
So, you're advocating giving businesses money instead of the EITC's giving case to low income wage earners, while the EITC maintains the employer incentive to hire by keeping the minimum wage low. I like the EITC better.