Articles
Over the course of the last five decades, the Earned Income Tax Credit (EITC) has become ingrained as a critical safety net for low‑income workers with children. For more than twenty‑five years, the Child Tax Credit (CTC) has supplemented this safety net. As a result of Congress enacting these refundable tax credits, the Internal Revenue […]
With hydraulic‑like effect, the steep decline in unionization and collective bargaining over the past four decades has precipitated the predominance of individual bargaining between employers and nonunion workers as the central means of wage setting in the United States. Disastrously for U.S. workers, however, this wage‑setting regime has corresponded with workers receiving declining shares of […]