Analysis: U.S. anti-poverty programs penalize people who find work

09/5/2013 | Economist (tiered subscription model), The

Americans who work to get off anti-poverty programs could lose 95% of their new income through higher taxes and withdrawal of benefits, but there's little talk in Washington, D.C., about fixing that aspect of the system, according to The Economist. "If the prospect of keeping only five cents of each extra dollar earned does not discourage work, it is hard to imagine what might," the magazine notes.

View Full Article in:

Economist (tiered subscription model), The

Published in Briefs: