[Oldexpat]

EITC is a big loop hole. A lot of people work the max on the books..to get their EITC and then work off the books.
And I have never understood why EITC is paid in one lump sum. That money just ends up going for big screen tv’s. It should be sent out in monthly checks for the next twelve months.

[riverdawg]

I agree with you about the way EITC should be paid out. I also agree that there is a lot of unreported income from illegal and other “off-the-book” transactions. But in the housing projects in my small city, I estimate that fewer than 10% of the residents qualify for the EITC.

[No Socialist]

I knew someone who would work a little and then quit. Collect EITC and used it one year to buy an expensive puppy and other crap. The dog was abused and starving. They would throw it in the back yard for it to find it’s own food. It took many calls to animal control and the humane society until something was done about the dog.