Government and the Cost of Living: Income-Based vs. Cost-Based Approaches to Alleviating Poverty

Published: 4/09/2018
Government and the Cost of Living: Income-Based vs. Cost-Based Approaches to Alleviating Poverty
Source: WWW.CATO.ORG

Ryan Bourne Federal, state, and local governments seek to assist poor households financially using transfers, minimum wage laws, and subsidies for important goods and services. This “income-based” approach to alleviating poverty aims both to raise household incomes directly and to shift the cost of items, such as food, housing, or health care, to taxpayers. Most contemporary ideas to help the poor

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