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Thanks for clarifing the obvious. I dont "qualify" so I dont "apply"/claim for the credit.
I find it hilariously absurd that people max out their EITC by working half time, while childless full time workers earning minimum wage get nothing at all.
"We should pursue reforms that encourage and reward work. That’s why I am developing legislation to replace the earned income tax credit with a federal wage enhancement for qualifying low-wage jobs," Rubio said. "This would allow an unemployed individual to take a job that pays, say, $18,000 a year -– which on its own is not enough to make ends meet –- but then receive a federal enhancement to make the job a more enticing alternative to collecting unemployment insurance." Marco Rubio's Cure For Poverty? Subsidize Crummy Jobs, Make Massive Block Grants
Wait a minute here. How is this not "big government"? He wants the government to subsidize someone making 18k a year so that they will make what? 22k a year? So the government will cut the 18k worker a 4k check every year? A federal enhancement eh? That money comes from tax payers.
Why not just index minimum wage with inflation? The real minimum wage should be $10.24 anyway. Raising the minimum wage is a much better idea than the government subsidizing workers. Rubio's plan takes money from tax payers. It is actually wealth distribution. Raising the minimum wage doesn't do that.
It's another handout. I think the priority should be on getting jobs for those who do want to work, and then work on those who do not want to work.
I am proud of Rubio a {R} that has come out of the closet and has admitted he is a fascist with a dash of Marxism too boot. Take the example he gives where this would be a boon to companies like Walmart where wages are so low workers qualify for subsidies. In it's place the workers get a enhancement to make the job more enticing. LMAO, what is the difference between workers getting the present federal benefits from his idea?
Are they not both redistribution of wealth? does it not help and encourage Walmart and others to keep wages low knowing the stupid federal gvt will make up the difference?
What will be amusing around election time posters from the right will claim what a great conservative Rubio is and a tea party darling. Too me is he just a big gvt {R} and this idea will grow the gvt and if not who will administer the program?
I am proud of Rubio a {R} that has come out of the closet and has admitted he is a fascist with a dash of Marxism too boot. Take the example he gives where this would be a boon to companies like Walmart where wages are so low workers qualify for subsidies. In it's place the workers get a enhancement to make the job more enticing. LMAO, what is the difference between workers getting the present federal benefits from his idea?
Are they not both redistribution of wealth? does it not help and encourage Walmart and others to keep wages low knowing the stupid federal gvt will make up the difference?
What will be amusing around election time posters from the right will claim what a great conservative Rubio is and a tea party darling. Too me is he just a big gvt {R} and this idea will grow the gvt and if not who will administer the program?
Did you say the same thing about Reagan? This is exactly the kind of revamping move that Reagan liked to do. The welfare state is here for the foreseeable future. If we can't get rid of it, why not at least make it smarter? This would encourage people to get on the employment ladder, and once on it, most are going to start climbing. Most are not going to stay at Walmart for 45 years.
If you demand everything or nothing in politics, you're going to walk away with NOTHING every time.
I am proud of Rubio a {R} that has come out of the closet and has admitted he is a fascist with a dash of Marxism too boot. Take the example he gives where this would be a boon to companies like Walmart where wages are so low workers qualify for subsidies. In it's place the workers get a enhancement to make the job more enticing. LMAO, what is the difference between workers getting the present federal benefits from his idea?
Are they not both redistribution of wealth? does it not help and encourage Walmart and others to keep wages low knowing the stupid federal gvt will make up the difference?
What will be amusing around election time posters from the right will claim what a great conservative Rubio is and a tea party darling. Too me is he just a big gvt {R} and this idea will grow the gvt and if not who will administer the program?
Rubio has lost any credibility he once had with true fiscal Conservatives, his yellow RINO stripe can be seen a mile away now.
Did you say the same thing about Reagan? This is exactly the kind of revamping move that Reagan liked to do. The welfare state is here for the foreseeable future. If we can't get rid of it, why not at least make it smarter? This would encourage people to get on the employment ladder, and once on it, most are going to start climbing. Most are not going to stay at Walmart for 45 years.
If you demand everything or nothing in politics, you're going to walk away with NOTHING every time.
I agree with your last statement that there has to be compromise and you can't always get what you want. But this idea is no better then the present system and too boot will grow the gvt.
You say most are not going to stay at Walmart but if a person does not find a good paying job why would they leave? Most jobs being created today are low paying and people will consider if it is in their best interest to take 50cents or a buck more or lose some of their enhancement. Myself, I would rather have a easy physical job like Walmart then bust my a$$ at a warehouse making the same minus the enhancement.
I will leave it at that because neither of us know any details and I doubt very seriously that Rubio will even draft them. I think he is just talking smack too show off his compassionate conservative credentials.
The Earned Income Tax Credit reduces the amount of taxes low and moderate income people pay.You heard some families receive 8k? Nonsense man. In the case of someone workers who make really low wages the EIC can eliminate their tax bill and they will actually get a refund from government (of money they never paid). But the most I've seen in this regard is bout $500.
Rubio's plan is to eliminate the EIC, which I don't think is a bad idea. But he's replacing it with a program where the government subsidizes low wage workers. The government shouldn't be doing this. Kind of hypocritical for Rubio to talk about "big government" and then propose this. Compared to this plan raising the minimum wage would be a "small government" idea.
According to the CBPP:
Quote:
During the 2010 tax year, the average EITC was $2,805 for a family with children and $262 for a family without children.
The average for a family with three kids was around $5,800.
But I agree that what Rubio is proposing is not much different other than taking children out of the equation. It is income redistribution, just like EIC.
I betcha corporations will be behind Rubio 100% because then people can go crying to the government for a "fair living wage" via government subsidies.
Why not subsidize everyone to $40K a year ?
As Pelosi says..welfare spending creates jobs.
Why not? Obviously because it would cost more. At least this is an honest, above-board approach to helping low-wage, low-skill workers, as opposed to the minimum wage, which does not help most of them and has numerous deleterious effects. I'm sure that Walmart will support this proposal, but that doesn't necessarily prove that it's a bad idea. any more than the fact that most of the left opposes it proves that it is a good idea:
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