Earned income tax credit

The US federal earned income tax credit is a refundable tax credit that supplements the earnings of low- and moderate-income workers. Enacted in 1975, the EITC was expanded in 1986, 1990, and 1993.

See also:

• Taxation in the United States
• Basic income

External links and references

New Research Findings on the Effects of the Earned Income Tax Credit, Center on Budget and Policy Priorities, March 11, 1998