In her U.S. News and World Report post, TCF policy associate Clio Chang explores a simply yet effective idea: a set amount of cash for all parents, regardless of income, as a way to combat child poverty.READ MORE
By Clio Chang
Published by The Century Foundation, January 13, 2015
The official child poverty rate in the United States stands at 20 percent, the second-highest among developed nations. In Seven Lessons about Child Poverty, TCF policy associate Clio Chang dives into simple, proven approaches for addressing some of the worst impacts of child poverty.Continue Reading
TCF fellow and USC law professor Edward Kleinbard and his colleagues California Senator Bob Hertzberg and UC Berkeley professor Laura Tyson elaborate on the state funding crisis in California. Despite its progressive tax structure, California is leaving many students unable to afford the rising cost of tuition as well as small business owners struggling to pay good wages to employees. They explain further saying:
If California's future is to be as promising as its past, we need a tax system that reflects our real economy in the 21st century while ensuring that new revenue is invested in strengthening the ladder of mobility for all residents.
Here is the full article from the San Jose Mercury News.
A debate over the use of progressive taxation and redistribution as a means of solving the problem of rising inequality erupted in the last week or so. The debate began with three publications, one from Edward Kleinbard, one from Nezih Guner, Martin Lopez-Daneri, and Gustavo Ventura, and one from Cathie Jo Martin and Alexander Hertel-Fernandez.
They argue in turn that “progressive fiscal outcomes do not require particularly progressive tax systems,” “making taxes more progressive taxes won’t raise much revenue,” and “The way a tax system fights inequality isn't just redistribution. It's by generating enough revenue to fund programs and benefits that help middle class, working class, and poor people participate and succeed in the economy. While talk of taxing top earners may make for good political rhetoric on the left, relying on such taxes cannot pay the bills.”
Read the full article.
Raising the minimum wage is, for the most part, framed as a matter of economic justice. But it also concerns feminism.
From Walmart moms who work at the retail giant to domestic workers, women are significantly overrepresented in low-wage jobs. This chronic concentration of women in low-paying positions is one of the primary reasons for the lingering pay gap between the sexes. Currently, 55 percent of workers who are stuck making $7.25 per hour — the federal minimum wage — are women. Even those who earn slightly more are often still mired in poverty.
Read the full article.
In recent decades, and especially since 2000, the richest Americans have enjoyed soaring income and wealth while the rest of the population's living standards have stagnated. The Century Foundation was one of the first institutions to raise serious concerns about these trends and propose ideas for improving economic conditions for all Americans- not just the fortunate few.
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