For example, a full-time minimum wage worker earning $14,500 a year receives a $27 tax credit. Under Brown’s plan, the worker would receive a tax credit of $913.
“Under current law, somebody making $15,000 a year or somebody making $10 an hour, but who has no children—those workers making minimum wage barely receive any earned-income tax credit,” Brown said.
“And if they’re under 25, they don’t qualify for these credits at all,” Brown said. “That means that a young worker—somebody making $9 or $10 an hour without children—can actually be taxed into poverty.”
The Center for American Progress is a Democratic Party leaning non-profit organization in Washington, D.C.