Title: The “Poverty Tax” and America's Low-Income Households
Abstract: Although low-income U.S. households account for more than $650 billion a year in buying power, they still pay more for basic goods and services than high-income households. A 2006 Brookings Institution study found that if essential goods and services were reduced for the working poor by just 1%, it would put an additional $6.5 billion—more than one-third of the benefit these families earn from the Earned Income Tax Credit—into their pockets (Fellowes, 2006).
Publication Year: 2007
Publication Date: 2007-07-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 15
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