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Starter Homes, Electric Vehicles, and Poverty

Unintended Consequences

CHAPTER

Reframing Poverty: Tax Policies and Welfare Programs

The chapter explores the impact of tax policies and government welfare programs on poverty rates, advocating for a shift towards post-tax and transfer measures for a more accurate assessment. It delves into historical welfare reforms, the role of tax credits, and the importance of programs like Medicaid and the earned income tax credit. The discussion also touches on the challenges of increasing budget transfers while decreasing tax rates and debates the sociological factors influencing poverty.

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