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Rick Chandler: Expanded Earned Income Tax Credit will encourage work

People who haven’t been working notice that when they take a job, they start paying taxes and they also lose public benefits they’ve been receiving. The combination of new taxes and lower benefits can make it economically unattractive to take a job. The solution to this problem is the EITC, which offsets some of the taxes imposed and benefits lost when people start working.

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Rick Chandler: Expanded Earned Income Tax Credit will encourage work

People who haven’t been working notice that when they take a job, they start paying taxes and they also lose public benefits they’ve been receiving. The combination of new taxes and lower benefits can make it economically unattractive to take a job. The solution to this problem is the EITC, which offsets some of the taxes imposed and benefits lost when people start working.

Read More »

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