Tag: "poverty"

Is a Wealth Tax in Our Future?

The inequality “problem” — the growing gap between the very rich and those near the bottom — has become a popular topic of discussion ever since the release of French economist Thomas Piketty’s book, Capital in the Twenty-First Century, earlier this year. It’s over 600 pages long, so I doubt that anyone has actually read […]

Income Inequality and the Minimum Wage

Yesterday, the Congressional Budget Office released a report that estimated the effects of an increase in the minimum wage.   There were two scenarios:  Raising the minimum wage to $10.10 an hour by 2016 and then adjusting annually for inflation, or raising the minimum wage to $9.00 an hour by 2016 with no adjustments for inflation. The […]

The “Feel-Goodism” of Unemployment Insurance Benefit Extensions

Next week the Senate will vote on a bill to extend unemployment benefits for another three months to some 1.3 million unemployed whose benefits expired on December 28.   At a cost of a whopping $6.5 billion, it is expected to produce $141 million in revenue over the next 10 years.  (Unemployment benefits are taxed, after […]

The Fast Food Industry Takes an Unfair Beating…Yet Again

The University of California – Berkeley released a study implicating the fast food industry for variety of sins, mainly, not paying high enough wages generic levitra to its employees and not providing benefits.  This is not terribly surprising since there is a push by labor groups to unionize fast food employees and pay them above-market […]

How Should We Measure Child Poverty in the United States?

top antivirus software p>Guest blogger Marcelo Ostria, an NCPA research associate, discusses the challenge involved in measuring child poverty in the United States. In light of federal spending cuts, the media has recently revisited poverty in the United States.  A recent article in the Christian Post depicts alarming child poverty and hunger rates while another article from […]

Minimum Wage Hysteria from Progressives

I was going to let the latest minimum wage issue pass and defer to last year’s NCPA publication on the topic. But every now and then, patent silliness from other sources deserves a response. A report from the Soros-funded Center for Economic and Policy Research (which was released a year ago, but has suddenly become a hot topic) […]

How Do We Really Feel About Taxing the Rich?

Last month the National Bureau of Economic Research released a working paper that explored some of the more puzzling disconnects between the harsh realities of U.S. tax progressivity and how the public views fair taxation. Matthew Weinzierl of the Harvard Business School argues that modern tax research is the result of utilitarian assumptions.  This means […]

Measuring Poverty

Special blog post by Lewis Warne, an NCPA research associate. In 2011 Congress defunded the Supplemental Poverty Measure (SPM, an). The SPM is an alternative to the Official Poverty Measure (OPM) that has been used since the 1960s.  The goal of the SPM is to provide a more comprehensive picture of poverty by including factors left out […]

Income Inequality Revisited…For the Umpteenth Time

How to Help the Poor

Using a new measure of poverty which adjusts for area costs of living, in-kind benefits, health care costs and other factors, the Census Bureau released a new report today (reported -poverty/51108410/1″>here in USA Today) showing that the number of people in poverty is about 49.1 million, 6% higher than the 46.2 million originally estimated in […]