The Earned Income Tax Credit (EITC) is widely considered the federal government’s most effective anti-poverty program. Sending tax refund checks to millions of low-income Americans every year, it helps people keep more of what they earn, and helps people stay working (and not claiming other benefits). In the 2015 tax year, more than 26 million families and individuals received the EITC, with an average payout of about $3,000 (the maximum amount available is about $5,500). Unusually, the EITC also has broad bipartisan support. Everyone from Paul Ryan to Barack Obama to Ro Khanna , a liberal Democrat congressman from […]
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