Jan 23
Classic economic theory assumes low-income people would stop working if governments gave them money as a strategy to reduce poverty.
Classic economic theory assumes low-income people would stop working if governments gave them money as a strategy to reduce poverty. New research co-authored by a Cornell expert in industrial relations challenges that assumption, finding that a modest tax benefit in Canada—similar to the U.S. Earned Income Tax Credit (EITC)—encouraged low-income workers to stay employed.
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