Chapter

Boosting the pay packets of low-to middle-income families

Daniel P. Gitterman

in The squeezed middle

Published by Policy Press

Published in print January 2013 | ISBN: 9781447308942
Published online September 2013 | e-ISBN: 9781447310822 | DOI: https://dx.doi.org/10.1332/policypress/9781447308942.003.0007
Boosting the pay packets of low-to middle-income families

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  • Social Stratification, Inequality, and Mobility

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Although opportunities to move up the earnings ladder through work are important, mobility is limited. In this context, the redistribution of incomes between households is likely to remain important. This chapter asks what lessons can be learnt from America about the different ways in which governments use tax systems to reduce income inequality and boost the incomes of middle class households. How sustainable will such strategies be given the projected growth in low-paid jobs on both sides of the Atlantic and the ongoing impact of the recession.

Keywords: Tax; Income; Inequality; Growth; Low pay; Jobs; Recession

Chapter.  5595 words.  Illustrated.

Subjects: Social Stratification, Inequality, and Mobility

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