Why the minimum wage shouldn't apply to the long-term unemployed -- for now.
Nobel prize-winning economist Edmund Phelps explains his proposal for wage subsidies to help low-income workers.
Utah's Mike Lee wants to add a new child tax credit, which could help many families escape income taxes entirely.
In 2011, 1.65 million American households, including 3.55 million children, lived on less than $2 a day per person.
It's a big increase in most states, and the current minimum is below historical levels. But Obama's plan might increase unemployment, and there are cheaper options.
John Boehner wouldn't just lower taxes on estates and capital gains income. He'd raise them on poor families considerably.
The official poverty rate is a relic, but the Census Bureau is starting to correct that. Their better metric paints a bleaker picture.
Mitt Romney doesn't just want to cap deductions and lower rates. He also wants to reverse cuts meant to help the poor.
If we go over the fiscal cliff, everyone will pay more taxes on each additional dollar they earn. But the hike for poor Americans is especially dramatic.
Tax reform will increase the number of people paying no income tax, not decrease it.
Government programs kept 33.6 million people, including 6.5 million children, out of poverty last year.
The official measure of poverty for 2011 is out. But more and more experts are dismissing that measure.
Ask any poverty expert and they'll tell you that the Earned Income Tax Credit is the most effective anti-poverty program in the United States. But those in areas with a lot of knowledge about the credit get an average of $122 more than those in low knowledge areas.