Author: United States. Internal Revenue ServicePublisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 2
Book Description
The Earned Income Tax Credit (EITC) Could Mean $$$ in Your Pocket If You Qualify!.
Author: United States. Internal Revenue ServicePublisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 2
Book Description
U.S. Tax Guide for Aliens
Author: Self-employment Tax
Author: Means-Tested Transfer Programs in the United States
Author: National Bureau of Economic ResearchPublisher: University of Chicago Press
ISBN: 9780226533568
Category : Business & Economics
Languages : en
Pages : 224
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.
The Earned Income Tax Credit (EITC) Could Mean $$$ in Your Pocket If You Qualify!
Author: United States. Internal Revenue ServicePublisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 6
Book Description
Advance Earned Income Tax Credit
Author: United States. Internal Revenue ServicePublisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 2
Book Description
Tax Break for Hard Working People
Author: United States. Internal Revenue ServicePublisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 6
Book Description
Making Work Pay
Author: Bruce D. MeyerPublisher: Russell Sage Foundation
ISBN: 1610443942
Category : Business & Economics
Languages : en
Pages : 413
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.
The Earned Income Credit
Author: Colin Dearborn CampbellPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 40
Book Description
USA. Monograph commenting on taxation legislation (Tax Reduction Act of 1975), with particular reference to the Earned Income Credit (EIC) awarded to families having low income - studies also implications for welfare and the social security system. References.
Earned income tax credit (EITC) and advance earned income tax credit (AEITC)
Author: United States. Internal Revenue ServicePublisher:
ISBN:
Category : Earned income tax credit
Languages : en
Pages : 20
Book Description