Business, 01.12.2021 19:40 meaganblatcher
The Earned Income Tax Credit (EITC) is:
a. a transfer to low-income people who are unable to work.
b. a flat grant that increases by $4,000 the income of all workers below the poverty level.
c. a subsidy to the poor who have low earnings that increases as they earn more, reaches a maxiÂÂÂmum, and then is phased out to zero as earnings increase above a certain maximum.
d. available to all persons whose incomes are below the poverty level, whether they work or not.
Answers: 2
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The Earned Income Tax Credit (EITC) is:
a. a transfer to low-income people who are unable to work...
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