Low-Income Housing Tax Credit

measured based on the Department of Agriculture’s “Economy Food Plan, by using the amount of money that was needed to be spent on food. Mollie Orshansky of the Social Security Administration established that families spent about one third of their income on food, so for a family of three, the calculations was not enough, but the method could be used to calculate an insufficient amount for a family of such size. The main problems with the poverty line consist of the facts that it doesn 't…

Aging of Europe : Causes and Effects Europeans are facing the graying of their populations and fertility rates below replacement rate. The elderly population grows while the working age populations is in decline. Immigration is low in most European countries. The demographic current trend of working population decrease may lead to reduction of productivity. The elderly population may led to the medical, pension, and social systems to become overwhelmed. The European Union has goals of full…

“economy food plan”, the cheapest of four food plans and found that families of three or more spent about one-third of their net income money in 1955. Taking these findings into account, she calculated the poverty thresholds for various size families and amount of children in those families by multiplying the costs…

Nov. 2016. DiLascio describes welfare is his article as “a common blanket term used to describe several different types of public assistance programs.” Welfare was designed to help ones with little to no income. It allowed families to purchase healthy foods and the expenses of living when their income would not. The welfare system was overtaken by the United States congress in 1996. As a result of this take over “states were granted the ability to administer drug tests to applicants for the…

By outsourcing jobs we weaken our economy while boosting theirs. The domestic job market could be improved more quickly by keeping our minimum wages low and improving our educational system. Raising it leads companies to look to automation to run their…

majority aren’t teenagers, like many would come to believe. The truth of the matter is that the majority of these people are adults who are middle aged and trying to support not only themselves, but also their loved ones. When someone is making that low of an income, many cannot afford to live in a safe neighborhood, or live close to their work place. They end up having to move into unsafe areas that require long commutes and high gas bills for jobs that can’t sustain even the lowest quality of…

however, UNICEF (2014) debates this as they suggest 280,000 (28 percent) children are in poverty. A reason for this discrepancy according to UNICEF is that the Treasury and Statistics NZ miscalculated and overestimated household disposable incomes on low-middle incomes for 2007/08 and for 2009/10 to…

people in lower income brackets also work hard for their paychecks, but are still unable to earn the money and benefits to lead a comfortable lifestyle. Tyler Cowen and Matthew Desmond tackle the conservative and the liberal views of wealth inequality in their articles “It’s Not the Inequality; It’s the Immobility” and “How Homeownership Became the Engine of American Inequality”, respectively. The conservative…

wedding, housing, and baby-caring. Increase in income gap between rich and…

throughout their lives. It will look into parent’s socio-economic status and how it can affect children’s education and should give students an informative and constructive view on what could prove beneficial towards raising attainment of children from low-income families. Figure 1 – (Scotland.gov.uk, 2014) Tackling child poverty continues to be a major challenge for Scotland. In 1999, the then UK Prime Minister Tony Blair pledged to halve child poverty by 2010 and eradicate it completely by…