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Old 08-02-2004, 10:26 AM   #21 (permalink)
cthulu23
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What doesn't hold true? The EITC was intended to offset payroll taxes. The fact that the refund amount often surpasses the total amount of taxes paid is indicative of another facet of the program, which was to encourage the lowest income earners to work rather than to live on welfare.

The EITC was created in 1975 and expanded in 1986, 1990, 1993 and 2001. As the years seem to indicate, it has been suppported by both parties and has not always been a controversial subject. In fact, some consider it quite successful.
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