Sunday, August 25, 2013

Study: Welfare pays more than work in most states (Daily Caller)

In 35 states, welfare benefits pay more than a minimum wage job, according to a new study by the libertarian Cato Institute, and in 13 states welfare pays more than $15 per hour.
[...]
“The current welfare system provides such a high level of benefits that it acts as a disincentive for work,” reads the study. “Welfare currently pays more than a minimum-wage job in 35 states, even after accounting for the Earned Income Tax Credit, and in 13 states it pays more than $15 per hour.”
[...]
Welfare recipients in Hawaii get the most benefits, according to Tanner, at $29.13 per hour — or $60,590 pre-tax income annually. However, the state’s minimum wage is only $7.25 per hour, according to the Labor Department. Hawaiians on welfare also earn 167 percent of the median salary in the state, which is only $36,275
[...]
The District of Columbia, Massachusetts and Connecticut have the next more generous welfare benefits.
D.C. welfare recipients can earn $24.43 per hour. In Massachusetts they can get $24.30 per hour. In Connecticut welfare recipients can receive $21.33 per hour.
“If Congress and state legislatures are serious about reducing welfare dependence and rewarding work, they should consider strengthening welfare work requirements, removing exemptions, and narrowing the definition of work,” says the study


Read more: http://dailycaller.com/2013/08/20/study-welfare-pays-more-than-work-in-most-states/#ixzz2czZVRnFR

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