EITC: Difference between revisions
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The Earned Income Tax Credit (EITC) | The Earned Income Tax Credit (EITC) is one of the strongest tools in the fight against poverty. The EITC is a refundable tax credit that is taken off of the taxes paid by low-income workers. The EITC began in 1975 and continues today, having gained strength with each subsequent tax bill passed since its inception. | ||
Latest revision as of 02:41, 7 December 2006
The Earned Income Tax Credit (EITC) is one of the strongest tools in the fight against poverty. The EITC is a refundable tax credit that is taken off of the taxes paid by low-income workers. The EITC began in 1975 and continues today, having gained strength with each subsequent tax bill passed since its inception.
