A Universal EITC: Sharing the Gains from Economic Growth, Encouraging Work, and Supporting Families
This Urban Institute research report analyzes the potential of a universal Earned Income Tax Credit (EITC). The review looks at the proposal for a wage tax credit of 100 percent of annual earnings up to a maximum credit of $10,000 and analyzes the economic effects of a universal EITC to address poverty for families headed by a full-time worker. This assessment is compared to the effects of the current EITC law.
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