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Policy basics: The Earned Income Tax Credit

Date Added to Library: 
Wednesday, May 13, 2015 - 08:57
Priority: 
high
Individual Author: 
Center on Budget and Policy Priorities
Reference Type: 
Research Methodology: 
Place Published: 
Washington, DC
Published Date: 
01/20/2015
Published Date (Date): 
Tuesday, January 20, 2015
Year: 
2015
Language(s): 
Abstract: 

The Earned Income Tax Credit (EITC) is a federal tax credit for low- and moderate-income working people. It encourages and rewards work as well as offsets federal payroll and income taxes. Twenty-six states, including the District of Columbia, have established their own EITCs to supplement the federal credit (author introduction).

Geographic Focus: 
Page Count: 
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