The Work Versus Welfare Trade-off: 2018: An Analysis of the Total Level of Welfare Benefits by State by Michael D. Tanner, Charles Hughes | | NOOK Book (eBook) | Barnes & Noble
The Work Versus Welfare Trade-off: 2018: An Analysis of the Total Level of Welfare Benefits by State

The Work Versus Welfare Trade-off: 2018: An Analysis of the Total Level of Welfare Benefits by State

by Michael D. Tanner, Charles Hughes
     
 
In 1995, the Cato Institute published a groundbreaking study, The Work Versus Welfare Trade-Off, which estimated the value of the full package of welfare benefits available to a typical recipient in each of the 50 states and the District of Columbia. It found that not only did the value of such benefits greatly exceed the poverty level but, because welfare

Overview

In 1995, the Cato Institute published a groundbreaking study, The Work Versus Welfare Trade-Off, which estimated the value of the full package of welfare benefits available to a typical recipient in each of the 50 states and the District of Columbia. It found that not only did the value of such benefits greatly exceed the poverty level but, because welfare benefits are tax-free, their dollar value was greater than the amount of take-home income a worker would recieve from an entry-level job. Since then, many welfare programs have undergone significant change but welfare benefits continue to outpace the income that most recipients can expect to earn from an entry-level job, and the balance between welfare and work may actually have grown worse in recent years. This white paper shows that the current welfare system provides such a high level of benefits that it acts as a disincentive for work. If Congress and state legislatures are serious about reducing welfare dependence and rewarding work, they should consider a number of policy changes, including ways to shrink the gap between the value of welfare and work by reducing current benefit levels and tightening eligibility requirements.

Product Details

ISBN-13:
9781939709233
Publisher:
Cato Institute
Publication date:
08/19/2013
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
43
File size:
487 KB

Meet the Author

Michael Tanner is director of health and welfare studies at the Cato Institute, co-editor of Replacing Obamacare, and author of The Poverty of Welfare: Helping Others in Civil Society.

Charles Hughes is a research assistant at the Cato Institute.

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