The Senate’s version of President Trump’s favored massive tax and spending bill had looked to add something to the tax code’s Earned Income Tax Credit. The EITC has been a broadly popular measure for the past 50 years as a mechanism that helps low-income workers.
There are admitted problems with the program that can lead to a high percentage of incorrect filings. The Senate wanted to require pre-certification by the IRS each year. However, critics point to some issues this would create.
What The EITC Is
Taxes on low incomes, even if a relatively low percentage, can feel devastating because there is so little money to begin with. Under 2025 tax…
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