The minimum wage vs. the

The minimum wage vs. the earned income tax credit (EITC)

The minimum wage is a legal requirement that employers pay no less than a certain sum per hour. The EITC is an amount that is subtracted from a worker's income taxes (or paid to the worker if the credit exceeds the worker's tax liability). Which is better for low income workers? Max Zawicky reports on a debate conducted by two other bloggers (Nathan Newman and Mathew Yglesias) and makes his own contribution, here: "You Say Potato, I Say Tomato".