Thursday, April 18, 2013

How A Low-Income Tax Credit Boosts Children’s Education And Future Earnings

How A Low-Income Tax Credit Boosts Children’s Education And Future Earnings: President Obama’s latest budget doesn’t just take aim at the tax code by raising $580 billion in new revenues by closing loopholes, limiting deductions for the wealthy, and instituting the Buffett Rule. It also made the expansion of the Earned Income Tax Credit (EITC) included in the 2009 stimulus package permanent. This refundable credit is [...]/p