What can be the issues with the earned income tax credit

Reference no: EM133368999

Question: The Earned Income Tax Credit (EITC or EIC) is a benefit for working people with low to moderate income. The EITC was enacted in 1975. .This federal tax credit imposes a $60 billion cost on other taxpayers causing political controversies in recent years. Some people argue that the amount should be raised other have argue this huge federal spending program.should discontinued. In your opinion, what can be the issues with the Earned Income Tax Credit?

Reference no: EM133368999

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