Latest / Economics Happy Hour Podcast
The Earned Income Tax Credit
In this week’s episode, we talk about some of the intricacies of the Earned Income Tax Credit (EITC), particularly in its role as a tax credit for low to moderate-income individuals or couples. Unlike traditional welfare programs, the EITC has an automatic qualification process, and the potential refund acts as an incentive to work. As a result, the EITC largely receives bipartisan support each time it’s up for renewal. There are some potential drawbacks to the program, but we’ll talk about that in the show.
In this episode, we discuss:
* The benefits of the Earned Income Tax Credit (EITC)
*…
The skinny
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