After presidential shout-out, Rubio distances himself from Obama’s tax credit proposalby George Bennett | January 29th, 2014
One of President Barack Obama‘s most notable bipartisan gestures in Tuesday’s State of the Union address was crediting Republican Sen. Marco Rubio with trying to use the tax code to help low-income workers.
But Rubio’s office today sought to put some distance between Obama and Rubio on the issue, sending out a link to a Rubio radio interview with Michael Medved.
Speaking of the Earned Income Tax Credit during his speech, Obama said, “I agree with Republicans like Senator Rubio that it doesn’t do enough for single workers who don’t have kids. So let’s work together to strengthen the credit, reward work, and help more Americans get ahead.”
Rubio told Medved the EITC is flawed and he supports something called “Wage Enhancement” instead.
“I think it’s important the issue he’s identifying, we just have a different idea about how to do it…His idea is to expand the existing Earned Income Tax Credit to reach those folks,” Rubio told Medved.
“The problem I have with that is that the Earned Income Tax Credit, as it’s currently structured, one, is not the best way to deliver that assistance. And secondly, it’s filled with fraud. We’ve seen instances now of multiple cases of fraudulent behavior, people accessing that tax credit through fraud. So the proposal we have, that we’ve proposed, called the Wage Enhancement, is a better way to deliver the same benefit and we hope that we’ll move in that direction. So, I think we’ve identified the same issue, but his prescription for it seems to be more of the same. And that’s problematic.”