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To: NohSpinZone

It’s not always “your” money being given back. Many times it’s “my” money too.

The Earned Income Tax Credit (EITC) is an income redistribution scheme.

-Nationwide during 2022, 31 million eligible workers and families received about $64 billion in EITC

-The average amount of EITC received nationwide was about $2,0431

While a compassionate thought, the EITC just creates a new bunch of gimmedats.

EC


28 posted on 04/24/2023 8:17:26 AM PDT by Ex-Con777
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To: Ex-Con777

Good point. All part-and-parcel of this country now having more moochers than producers. A producer’s strike and a trip to Galt’s Gulch never sounded better.


37 posted on 04/24/2023 9:50:31 AM PDT by NohSpinZone (First thing we do, let's kill all the lawyers)
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To: Ex-Con777

It was supposed to replace welfare programs. Milton Friedmans negative income tax philosophy.


45 posted on 04/24/2023 3:00:05 PM PDT by Fledermaus (It's time to get rid of the Three McStooges; Mitch, Kevin and Ronna!)
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