Low-Income Housing Tax Credit

Universal Basic Income Would Insure Against Job Loss 1. This text originally appears in “The New York Times” room for debate. It was updates on October 4, 2016. 2. The genre for this text is an opposite of editorial (also known as op- ed). The rhetorical aim for this genre is persuasive. More specifically, to Propose a Solution. This style focuses on a question about what action can be taken. Stern’s article talks about how the United States needs to propose a universal basic income to help…

Global Wealth Report comparing 55 different countries America ranks the highest in wealth inequality in 2015. The study which compared countries using the Gini coefficient for wealth inequality, which is a measure of a nation’s wealth inequality where a low score of zero represents perfect equality and a score of 100 equals complete inequality, found that America, with its score of 80.56 ranks the highest of any country on the list, just above Sweden’s 79.90 (Sherman, 2015). The United States of…

In this land full of fast food chain growing, where obesity, as well as the heart attack rate, keep on increasing, yet somewhere in the dark, a growling sound from the empty stomach are taking over the lives of those unfortunates. As the world’s number one nation, foreigners think America would never have starvation as a problem. Little did they know about the in fact that hunger is threatening the life of one in every seven Americans daily, from infants to seniors. Luckily, the solution to…

Arts organizations often operate in a not-for-profit environment. In brief, not-for-profit organization is an organization that does not seek profit. It is obvious that not-for-profit organizations cannot be operated without “profit” and most of the not-for-profit organizations do commercial activities. However, any profit must return to the organization to support their mission in a not-for-profit organization. The goal of a not-for-profit organization may be its mission, not just money. The…

way off from the actual system itself. Some may wonder what is the real reason of why we have federalism? Well federalism is a way for the government to get money from the people. If that is through federal income tax, state income tax, city income tax, or even property tax. Even though the tax may be used to better the community the governments are going a little bit out of control by raising the taxes, which is upsetting…

I had my first credit card when I was in high school, I wasn't expecting to be accepted for the credit card because I haven't really established my credit score yet. When I got my credit card I was really excited and I went shopping every weekend with my friends and went out to eat with them at least once a week. This was the end of the junior year and finals started coming up and I ended up eating out a lot and spending more than I should’ve. Then slowly but surely, throughout the rest of…

Subject: Readdressing Housing Policies to Reduce Rural Homelessness Although not the imagery that usually comes to mind when discussing homelessness, rural communities are currently facing an affordable housing crisis, with rates of unsheltered persons in families almost double that of urban areas. Federal housing assistance has historically neglected rental-assistance - which is a powerful tool in reducing homelessness and housing instability. More than 75% of federal housing expenditures…

Poverty, Politics, and Profit is a Frontline episode investigating the reasoning as to why and how low-income residents in the United States continue to live in poverty, even though billions of dollars are spent on housing. Throughout the episode, the audience is shown as to what goes on behind the money that is being invested, as well as the living situations of many low-income housing. As the film continues, there are a few policy solutions mentioned. Deborah Stone is an author who wrote…

Security Income (SSI), Earned Income Tax Credit (EITC), Head Start, Tax Credits, The Low-Income Housing Tax Credit Program, and Community Development Block…

reported to live in poverty in 2010, which was the highest level since 1993. This represented approximately 46.2 million Americans who have incomes below the poverty line. However, income alone cannot provide an accurate measure of poverty since it ignores the effects of government subsidies like the Earned Income Tax Credit, Medicaid, food stamp, and housing subsidies James Sullivan from National Poverty Center. For example, food stamps alone give $14 million worth of benefits per year, so the…