The Earned Income Tax Credit (EITC) Could Mean $$$ in Your Pocket If You Qualify!.

The Earned Income Tax Credit (EITC) Could Mean $$$ in Your Pocket If You Qualify!. PDF Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 2

Get Book Here

Book Description

The Earned Income Tax Credit (EITC) Could Mean $$$ in Your Pocket If You Qualify!.

The Earned Income Tax Credit (EITC) Could Mean $$$ in Your Pocket If You Qualify!. PDF Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 2

Get Book Here

Book Description


U.S. Tax Guide for Aliens

U.S. Tax Guide for Aliens PDF Author:
Publisher:
ISBN:
Category : Aliens
Languages : en
Pages : 52

Get Book Here

Book Description


Means-Tested Transfer Programs in the United States

Means-Tested Transfer Programs in the United States PDF Author: National Bureau of Economic Research
Publisher: University of Chicago Press
ISBN: 9780226533568
Category : Business & Economics
Languages : en
Pages : 224

Get Book Here

Book Description
Few United States government programs are as controversial as those designed to aid the poor. From tax credits to medical assistance, aid to needy families is surrounded by debate—on what benefits should be offered, what forms they should take, and how they should be administered. The past few decades, in fact, have seen this debate lead to broad transformations of aid programs themselves, with Aid to Families with Dependent Children replaced by Temporary Assistance to Needy Families, the Earned Income Tax Credit growing from a minor program to one of the most important for low-income families, and Medicaid greatly expanding its eligibility. This volume provides a remarkable overview of how such programs actually work, offering an impressive wealth of information on the nation's nine largest "means-tested" programs—that is, those in which some test of income forms the basis for participation. For each program, contributors describe origins and goals, summarize policy histories and current rules, and discuss the recipient's characteristics as well as the different types of benefits they receive. Each chapter then provides an overview of scholarly research on each program, bringing together the results of the field's most rigorous statistical examinations. The result is a fascinating portrayal of the evolution and current state of means-tested programs, one that charts a number of shifts in emphasis—the decline of cash assistance, for instance, and the increasing emphasis on work. This exemplary portrait of the nation's safety net will be an invaluable reference for anyone interested in American social policy.

Advance Earned Income Tax Credit (Advance EITC)

Advance Earned Income Tax Credit (Advance EITC) PDF Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 6

Get Book Here

Book Description


Earned income tax credit (EITC) and advance earned income tax credit (AEITC)

Earned income tax credit (EITC) and advance earned income tax credit (AEITC) PDF Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 20

Get Book Here

Book Description


Earned Income Tax Credit (EITC), Advance EITC

Earned Income Tax Credit (EITC), Advance EITC PDF Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 48

Get Book Here

Book Description


The Hidden Welfare State

The Hidden Welfare State PDF Author: Christopher Howard
Publisher: Princeton University Press
ISBN: 1400822416
Category : Political Science
Languages : en
Pages : 267

Get Book Here

Book Description
Despite costing hundreds of billions of dollars and subsidizing everything from homeownership and child care to health insurance, tax expenditures (commonly known as tax loopholes) have received little attention from those who study American government. This oversight has contributed to an incomplete and misleading portrait of U.S. social policy. Here Christopher Howard analyzes the "hidden" welfare state created by such programs as tax deductions for home mortgage interest and employer-provided retirement pensions, the Earned Income Tax Credit, and the Targeted Jobs Tax Credit. Basing his work on the histories of these four tax expenditures, Howard highlights the distinctive characteristics of all such policies. Tax expenditures are created more routinely and quietly than traditional social programs, for instance, and over time generate unusual coalitions of support. They expand and contract without deliberate changes to individual programs. Howard helps the reader to appreciate the historic links between the hidden welfare state and U.S. tax policy, which accentuate the importance of Congress and political parties. He also focuses on the reasons why individuals, businesses, and public officials support tax expenditures. The Hidden Welfare State will appeal to anyone interested in the origins, development, and structure of the American welfare state. Students of public finance will gain new insights into the politics of taxation. And as policymakers increasingly promote tax expenditures to address social problems, the book offers some sobering lessons about how such programs work.

Tax Break for Hard Working People

Tax Break for Hard Working People PDF Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 6

Get Book Here

Book Description


Making Work Pay

Making Work Pay PDF Author: Bruce D. Meyer
Publisher: Russell Sage Foundation
ISBN: 1610443942
Category : Business & Economics
Languages : en
Pages : 413

Get Book Here

Book Description
Since its inception under President Ford in 1975, the Earned Income Tax Credit (EITC) has become the largest antipoverty program for the non-elderly in the United States. In 1998, more than nineteen million families received EITC payments, and the program lifted over four million Americans above the poverty line. Despite the rapid growth of the EITC throughout the 1990s, little has been written about how the program works or how it affects low-income families. Making Work Pay provides the first full-scale examination of the EITC, exploring its effects on income distribution, poverty, work, and marriage. Making Work Pay opens with a history of the EITC—its emergence in the 1970s as a pro-work, low-cost antipoverty program and its expansion through the 1980s and 1990s. The central chapters in the volume look at the substantial impact of the EITC on work incentives in recent years and show that the program, in combination with welfare reform and a strong economy, has led to an unprecedented increase in the employment of single mothers. In one study, researchers conclude that the EITC—with its stipulation that one family member be a wage earner—was the most important change in work incentives for single mothers between 1984 and 1996, a period when the employment rate of single mothers rose sharply. Several chapters outline proposals for reforming the program, addressing the concerns by policymakers about the work disincentives that rise as benefits fall with increasing income. Finally, Making Work Pay examines how EITC recipients view the credit and what they do with it once they get it. The contributors find that not only does EITC's lump-sum payment increase consumption but it also allows recipients to make changes in economic status. Many families use the end-of-the-year payment as a form of forced savings, enabling them to save for home improvement, a new car, or other purchases to improve their lives, and providing the extra economic cushion needed to move beyond mere day-to-day survival. Comprehensive in scope, Making Work Pay is an indispensable resource for policymakers, administrators, and researchers seeking to understand the ramifications of the country's largest programs for aiding the working poor.

Earned Income Tax Credit

Earned Income Tax Credit PDF Author: United States. Government Accountability Office
Publisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 66

Get Book Here

Book Description