Mark Thoma says something very smart: Mark Thoma: Economist’s View: The EITC versus The Minimum Wage: They are complements, not substitutes. And he quotes Arin Dube in 2013: 7) The best evidence suggests that minimum wage increases lead to moderate reductions in the poverty rate, especially together with the Earned Income Tax Credit. There are … Continue reading Mark Thoma: The EITC and the Minimum Wage Are Not Substitutes But Complements