"Dimon Advocates Enhanced Tax Credit for Low- to Middle-Income Families"
JPMorgan Chase CEO Jamie Dimon advocates for improving the earned income tax credit (EITC) for low- to middle-income families, suggesting it as a "no brainer" to lift up society and proposing to fund it by taxing the wealthy more. He believes increasing spending on the EITC would provide more money for households and communities, bringing dignity and stimulating local economies. Suggestions for improvement include expanding eligibility for childless workers, adjusting the credit for younger and older workers, and improving technology to reduce improper payments and make the credit more accessible.