The Earned Income Tax Credit (EITC): Changes for 2008 and 2009
Christine Scott
Abstract
Open-access reader
Christine Scott
Abstract
Open-access reader
The earned income tax credit, established in the tax code in 1975, provides cash assistance to lower-income working parents and individuals through the tax system. The earned income tax credit will be higher in 2012 and 2013 than it was in 2011. An increase in the size of the earned income tax credit will occur because the maximum amount of earned income used to calculate the credit and the phase-out income level and indexed for inflation. The increases reflect the inflation adjustment.
OpenAlex reports 2 citations for this work. Citation counts describe recorded attention and do not establish research quality.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
The earned income tax credit, established in the tax code in 1975, provides cash assistance to lower-income working parents and individuals through the tax system. The earned income tax credit will be higher in 2012 and 2013 than it was in 2011. An increase in the size of the earned income tax credit will occur because the maximum amount of earned income used to calculate the credit and the phase-out income level and indexed for inflation. The increases reflect the inflation adjustment.
Key concepts: Earned income tax credit, Gross income, Tax credit, State income tax, Economics, Income tax, Dividend tax, Adjusted gross income