Better to have a tax credit than welfare. Much cheaper on the taxpayers in the end.
“Much cheaper on the taxpayers in the end.”
One thing that has happened is that the “earned” part of the earned tax credit has about become meaningless. There is probably fraud enough in both systems.
I’d like to see a true analysis of the ETC and see just how much it really costs. I have seen people tell a judge that they will have enough money to (do whatever from paying fines, restitution or hiring an attorney) as soon as their income tax return comes in. Then the judge asks them about their employment, and they don’t have any and have not worked in several years. The judge then asks how they get a refund, and they don’t know . . . just that the HR Block man helped them and they are entitled to a refund.
Gee.