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Why the EITC Doesn't Make Work Pay
Alstott, Anne
Alstott, Anne
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Abstract
Since 1975, the earned income tax credit (EITC) has transformed from a small, obscure provision of the federal tax code into one of the largest programs in the U.S. social-welfare system. Today, the EITC stands as the largest cash-transfer program for low-income workers with children, providing $47 billion in benefits each year to 24 million families.
