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poverty

Poverty is the state in which people do not earn enough money to support life's essentials, such as somewhere to live, food, and clothing. We see the affected every day, especially in southern California, with all of the migrant workers that live in miscellaneous fields, bushes and parks around the area. It affects more than thirty million people in America and nearly five million in California alone, half of which are under the age of eighteen. There have been many proposed solutions to poverty, and none have had all that adverse of an effect, seeing as how the number living in poverty has continued to increase since the 1960's.

Here are some of the facts; half the world (nearly three billion people) live on less than two dollars a day, The gross domestic product of the poorest 48 nations (a quarter of the world's countries) is less than the wealth of the world's three richest people combined, Nearly a billion people will enter the 21st century unable to read a book or sign their names, though less than one per cent of what the world spends every year on weapons would be needed to put every child into school by the year 2000, 51 percent of the world's 100 hundred wealthiest bodies are owned by corporations, The wealthiest nat


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impact on health and educational outcomes. At the top of the list are female education, safe water and sanitation, and child immunization, as well as safety nets to protect the most vulnerable. Attention is also needed to the social structures and institutions, which affect development. Donors and international agencies must support countries that show a determination to take up the challenges of the goals for the 21st century. And, international agencies must work with developing countries to strengthen country capacity to monitor progress on outcomes, ensuring that there is capacity to conduct participatory studies and hear the voices of the poor.

Witnessing the success of the federal EIC, a growing number of states have established or expanded EICs in the past few years. In 2000, state EICs existed in the District of Columbia and 15 states, Colorado, Indiana, Kansas, Maryland, Massachusetts, Minnesota, New Jersey, New York, Vermont, Wisconsin, Illinois, Iowa, Maine, Oregon, and Rhode Island. Typically, these credits piggyback on the federal EIC. The state EICs were refundable in the District of Columbia and the first ten states listed above-meaning that the individual received the full amount of the credit even if that amount exceeded his or her state income tax liability. In the remaining five states, the EIC was nonrefundable-meaning that the individual received the full credit only if the state income tax liability equaled or exceeded the credit amount; otherwise, the taxpayer received only that part of the credit that reduced his or her state income tax liability to zero.

The key challenge for policymakers and others who are concerned about the well being of children and families is how to develop and improve policies that reward work and help low-income working families to increase their earnings. One of the most promising policies in this regard is the earned income credit, also commonly referred to as the EITC or earned income tax credit. Research by NCCP has documented the powerfu

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Approximate Word count = 1404
Approximate Pages = 6 (250 words per page double spaced)


  

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