The Earned Income Tax Credit (EITC)

A. provides more income to those people on welfare.
B. is a tax on low income workers.
C. provides additional tax credits to low income workers.
D. is a tax break for the wealthiest Americans.

C. provides additional tax credits to low income workers.

Economics

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The interest rate is determined purely by market forces, and not by government involvement

a. True b. False Indicate whether the statement is true or false

Economics

What is the difference between real and nominal GDP? If the president of the United States (or your instructor) asked you to evaluate the economy over the past five years, which one would you use and why?

Economics