Dr. Gill Caradoc-Davies, "Urgent need to alter NZ's wealth"

[Craig Axford]

SUMMARY: Retired psychiatrist Dr. Gill Caradoc-Davies argues the term “child poverty” is misplaced.  Children are by their nature “embedded” in their families, and to address child poverty it will be necessary for countries like New Zealand to address poverty in its entirety.  To accomplish that, the author argues, a universal basic income is the best approach.

Dr. Gill Caradoc-Davies, “Urgent need to alter NZ’s wealth”, Otago Daily Times, March 28, 2014

Bob Adelmann, "President Proposes Doubling Tax Subsidy for the Poor"

President Proposes Doubling Tax Subsidy for the Poor

Bob Adelmann offers a critical review of proposal to expand EITC

[Craig Axford]

SUMMARY: In this blog post, author Bob Adelmann offers a critique of President Obama’s proposal to double the Earned Income Tax Credit (EITC) program.  The EITC was modeled after economist Milton Friedman’s “negative income tax” idea.  Currently the EITC offers workers with children a tax credit of just over $500 on incomes of up to $6,570 according to the author, but the tax credit begins to decline once incomes reach $8,220.

Bob Adelmann, “President Proposes Doubling Tax Subsidy for the Poor”, The New American, March 13, 2014