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view source for minimum wage wikipedia jump to content main menu main menu move to sidebar hide navigation main page contents current events random article about wikipedia contact us contribute help learn to edit community portal recent changes upload file special pages search search appearance donate create account log in personal tools donate create account log in view source for minimum wage add languages article talk english read edit view history tools tools move to sidebar hide actions read edit view history general what links here related changes upload file page information get shortened url switch to legacy parser in other projects wikidata item appearance move to sidebar hide minimum wage you do not have permission to edit this page for the following reason this ip address range has been globally blocked this does not affect your ability to read wikipedia pages most people who see this message have done nothing wrong some kinds of blocks restrict editing from specific service providers or telecom companies in response to recent abuse or vandalism and can sometimes affect other users who are unrelated to that abuse review the information below for assistance if you do not believe that you have done anything wrong this block affects editing on all wikimedia wikis the ip address or range 5 135 0 0 16 has been globally blocked by jon kolbert for the following reason s open proxy webhost visit the faq if you are affected this block will expire on 04 29 8 january 2027 your current ip address is 5 135 42 194 even while globally blocked you will usually still be able to edit pages on meta wiki if you believe you were blocked by mistake you can find additional information and instructions in the stewards block wizard other useful links global blocks help i have been blocked you can view and copy the source of this page refundable tax credit a refundable tax credit is a mechanism whereby the tax system can reduce the tax owed by a household to below zero resulting in a net payment to the taxpayer beyond their own payments into the tax system examples of refundable tax credits include the earned income tax credit and the additional child tax credit in the us and working tax credit s and child tax credits in the uk such a system is slightly different from a negative income tax in that the refundable tax credit is usually only paid to households that have earned at least some income this policy is more targeted against poverty than the minimum wage because it avoids subsidizing low income workers who are supported by high income households for example teenagers still living with their parents ref name wbur cite news last david scharfenberg date 28 april 2014 title what the research says in the minimum wage debate agency wbur ref in the united states earned income tax credit rates also known as eitc or eic vary by state some are refundable while others are not ref cite web title 50 state resources map on state eitcs url http www stateeitc com map index asp archive url https web archive org web 20090423021254 http www stateeitc com map index asp archive date 23 april 2009 access date 16 june 2010 publisher the hatcher group ref the federal eitc program has been expanded by many presidents including jimmy carter ronald reagan george h w bush and bill clinton ref cite web title new research findings on the effects of the earned income tax credit url http www cbpp org cms index cfm fa view id 1649 url status live archive url https web archive org web 20100617180942 http www cbpp org cms index cfm fa view id 1649 archive date 17 june 2010 access date 30 june 2010 website center on budget and policy priorities ref in 1986 president reagan described the eitc as the best anti poverty the best pro family the best job creation measure to come out of congress ref cite web last furman first jason date 10 april 2006 title tax reform and poverty url http www cbpp org cms index cfm fa view id 134 url status live archive url https web archive org web 20131213060957 http www cbpp org cms index cfm fa view id 134 archive date 13 december 2013 access date 7 december 2013 publisher center on budget and policy priorities ref the ability of the earned income tax credit to deliver larger monetary benefits to the poor workers than an increase in the minimum wage and at a lower cost to society was documented in a 2007 report by the congressional budget office ref cite web date 9 january 2007 title response to a request by senator grassley about the effects of increasing the federal minimum wage versus expanding the earned income tax credit url http www cbo gov ftpdocs 77xx doc7721 01 09 minimumwageeitc pdf url status live archive url https web archive org web 20080731074250 http www cbo gov ftpdocs 77xx doc7721 01 09 minimumwageeitc pdf archive date 31 july 2008 access date 25 july 2008 publisher congressional budget office ref the adam smith institute prefers cutting taxes on the poor and middle class instead of raising wages as an alternative to the minimum wage ref cite press release title comment minimum wage rise risks harming workers cut taxes on the poor instead date march 2019 publisher adam smith institute url http www adamsmith org news press releases comment minimum wage rise risks harming workers cut taxes on the poor instead access date 19 march 2014 url status live archive url https web archive org web 20140413142735 http www adamsmith org news press releases comment minimum wage rise risks harming workers cut taxes on the poor instead archive date 13 april 2014 ref return to minimum wage retrieved from https en wikipedia org wiki minimum_wage privacy policy about wikipedia disclaimers contact wikipedia legal safety contacts code of conduct developers statistics cookie statement mobile view search search view source for minimum wage add languages add topic