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To: Gaffer

The EITC is a “reward” for people who actually do try to do some work. Because of the perverse “trap” nature of gov’t benefits, getting a job can lead to a decrease in “income” without the ETIC.

They get a tax credit for earning part of their income.


4 posted on 03/10/2014 11:58:36 AM PDT by SoothingDave
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To: SoothingDave
It is not a "reward"....the IRS' own page describes it thusly: EITC, Earned Income Tax Credit, is a benefit for working people who have low to moderate income. A tax credit means more money in your pocket. It reduces the amount of tax you owe and may also give you a refund.

It's just another damned unearned benefit. The only difference being you have to have worked at least 'some' for someone else. In theory, one could earn as little as $600 in one quarter (the old requirement for filing and paying taxes on) and get upwards of near $6000 back. There's not one doggone thing "earned" about it. It is nothing but stealing from producers and redistributing it to unproductive people.

5 posted on 03/10/2014 12:12:24 PM PDT by Gaffer (Comprehensive Immigration Reform is just another name for Comprehensive Capitulation)
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