What is the Earned Income Tax Credit (EITC)? How does it work? Has it been an effective social policy?
Answer:
An ideal response will:
1. Identify the EITC as a tax credit instituted in 1975 that reduces or eliminates all taxes for the working poor.
2. Describe how the credit allows low-income workers to receive money back from the government in the form of a tax refund.
3. Detail how the policy has been extremely effective, as it has lifted 5 million Americans above the poverty line, and how it has particularly helped unmarried working mothers who often have minimum-wage jobs in the service industry.
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Today most people expect the federal government to exercise a major responsibility for the health, stability, and growth of the national economy
Indicate whether the statement is true or false
A form of government that emphasizes power sharing through guaranteed group presentation is referred to as ______.
A. federalism B. immobilism C. consociationalism D. confessionalism