09/23/2019

New Report Finds Difficulty In Moving Up To Middle Class

A report from the California Business Roundtable says the state’s working poor are finding it harder than ever to move up the economic ladder toward the middle class. The roundtable’s president, Robert Lapsley, says the cost of living is the biggest barrier to upward mobility in the state.

Lapsley says that’s in addition to cumbersome and confusing assistance programs. The roundtable supports Governor Newsom’s efforts to expand the Earned Income Tax Credit so people at certain income levels have the ability to keep more than they earn.

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