Pharos-Tribune

Editorials

May 8, 2014

THEIR VIEW: Start simplifying taxes with earned income

Poverty has many faces. Many of those faces are getting younger.

In some respects, such as helping to lift the elderly from poverty, we have made much progress during the 50-year-old War on Poverty. Social Security and Medicare provide important safety nets for senior citizens.

But the percent of families with children in poverty has grown during the past 50 years, in large part because of the number of single parent homes. Our recent series on poverty in northeast Indiana offers a sobering picture of the struggles of all people in poverty, particularly the “working poor.” The stories also show that with determination and grit people can move forward. To review our April series focusing on poverty in northeast Indiana go to kpcnews.com/news/poverty.

Poverty relief efforts should focus on enabling people to help themselves. However, some people working 40 or more hours a week still can’t make it.

We applaud the churches, individuals and agencies that are helping people to better understand the difference between needs and “wants” and how to make their income cover their needs.

Although many people advocate an increase in the minimum wage to help the working poor, we believe a better approach is the Earned Income Tax Credit. Supporters point to studies that have found that the EITC encourages work, lifts more children out of poverty than any other program and encourages healthy eating.

According to the Institute on Taxation and Economic Policy (itep.org), more than half of the jobs created by the recovery since 2010 are low-paying, mostly in the food services, retail and employment services industries.

The EITC is based on salaries and wages, with limits. For example, for each dollar earned up to $13,650 in 2014, families with two children receive a tax credit equal to 40 percent of those earnings, up to a maximum credit of $5,460 (the maximum credit for families with three or more children is $6,143).

Text Only | Photo Reprints
Editorials
  • THEIR VIEW: Write clear rules for vanity plate licenses We see vanity license plates regularly. Some are funny or thought-provoking. Others are just plain puzzling.One specialty plate backing autism research and support carries the heartfelt message “4MYSON.” Others are more prosaic, as in COLTFANZ.It’s c

    July 24, 2014

  • OUR VIEW: Keeping insects under control curbs disease State health officials said last week mosquitoes in two northern Indiana counties tested positive for the West Nile virus, The Associated Press reported.The state health department said mosquitoes in Marshall and Pike counties were confirmed to have

    July 23, 2014

  • THEIR VIEW: Indiana's ethics laws in need of reform The Indiana State Ethics Commission’s recent approval of an agreement between the state inspector general and Tony Bennett settles the charges against the former state superintendent of schools.But the settlement raises more concerns about the loopho

    July 22, 2014

  • OUR VIEW: Heroin plague spreads into our city We published a report in Friday’s edition of the Pharos-Tribune that delved into the city’s growing problem with heroin.In that report, Logansport Police Detective 1st Sgt. Dan Frye said he doesn’t know how much more LPD officers will be wrestling wi

    July 20, 2014

  • THEIR VIEW: Companies enjoying U.S. benefits? Pay U.S. taxes The U.S. Supreme Court keeps telling us that corporations are people, but some of these “people” have a curious sense of patriotism.They enjoy making money in the United States. They have a strong market here in a society where their rights and their

    July 18, 2014

  • THEIR VIEW: Loopholes a mile wide At least Indiana House Speaker Brian Bosma agrees that it’s time to close the loopholes in the ethics policies for state employees.Just how gaping some of those holes are became clear last week, as the State Ethics Commission sorted through the cases

    July 17, 2014

  • ANOTHER VIEW: Let Indiana's inmates vote Lake County is trying to figure out how to allow incarcerated voters to cast ballots. If you think that’s a bad thing, think again.It’s important to remember that county jails, in many cases, house people awaiting trial. They have the same right to v

    July 17, 2014

  • THEIR VIEW: Rural fire departments set to make gains Rural fire departments struggle to get by.Faced with increasing costs and limited if not decreasing tax bases, many Indiana departments are merging as a way to share crews and equipment.Many departments have been lucky enough to receive tankers, truc

    July 16, 2014

  • THEIR VIEW: Dysfunction doesn't bode well for Pence presidency A window to the future may be unfolding in Indiana.By making appearances around the country and abroad, and speeches on foreign policy and topics only periphally related to Indiana, Gov. Mike Pence seems to be seriously exploring a run for president

    July 15, 2014

  • OUR VIEW: Corporations are now Average Joes? Do corporations have souls? Can corporations go to church? Can they fast?These aren’t questions one might expect serious adults to pose. But with its earth-shattering pronouncement June 30 in the case of Burwell v. Hobby Lobby, the U.S. Supreme Court

    July 13, 2014

Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Poll

Should grocery and convenience stores be allowed to sell cold beer?

Yes
No
Unsure
     View Results
Featured Ads
AP Video
Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming UN Security Council Calls for Gaza Cease-fire Traditional African Dishes Teach Healthy Eating 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.