Another idea to solve income inequality: government subsidies
Paul Sancya, Associated Press
Minimum wage may not be the only answer to solve income inequality.
Edward Glaeser, a columnist for The Boston Globe, recently wrote that government subsidies — where the government would give money to companies that are hiring low-wage workers — might be the best solution to solving the problems for those making minimum wage.
“Raising the minimum wage isn’t necessarily wrongheaded,” Glaeser wrote. “But if we want a better way to reduce inequality and raise earnings for the least fortunate Americans, targeted tax credits and government subsidies are a more creative, fair, and effective course.”
- She paid for a family's groceries and got...
- Why do only half of Americans invest in stocks?
- Heavy reliance on US not sustainable,...
- Renovation Solutions: Three renovation...
- Did you file your taxes jointly or...
- April 15 may be Tax Day, but Tax Freedom Day...
- Happiness research inspired one business...
- Where does 'cool' come from?
- Minority of taxpayers pay majority of... 20
- She paid for a family's groceries and... 5
- Did you file your taxes jointly or... 4
- Finally, Congress OKs bill reshaping... 3
- European vacation as much as 25 percent... 3
- Heavy reliance on US not sustainable,... 3
- Happiness research inspired one... 3
- Why do only half of Americans invest in... 3