ABOLISH POVERTY: Matthew Desmond on How We Can Do It
The Next Big Idea
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Tax Breaks Are a Government Intervention
The average family in the top 20% of the income distribution receives about $35,000 in assistance from the government every year. The bottom 20% of income earners receive only $25,000. "We spend so much more subsidizing affluence and guarding treasure than we do attacking poverty," he says.
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