States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals...

impose an income tax. They are determined by applying a tax rate, which may increase as income increases, to taxable income, which is the total income less...

States federal child tax credit (CTC) is a partially-refundable tax credit for parents with dependent children. It provided $2,000 in tax relief per qualifying...

income tax collected by the United States, most individual U.S. states collect a state income tax. Some local governments also impose an income tax,...

started the Earned Income tax credit (EITC), which, at the time, provided an income tax credit to certain individuals. The EITC gave a tax credit to individuals...

negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level; in other words, earners above...

Jonathan H. (1 April 2010). "Optimal tax theory: the journey from the negative income tax to the earned income tax credit". Southern Economic Journal. 76 (4):...

categorized in Finnish tax law as either earned income (ansiotulo) or capital income (pääomatulo), essentially by stating that earned income is any salary paid...

the federal government (from child credits and the Earned Income Tax Credit). "Progressivity" as it pertains to tax is usually defined as meaning that...

income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income)...

to claim the Making Work Pay tax credit (6.2% earned income credit, up to $400). Schedule R is used to calculate the Credit for the Elderly or the Disabled...

no income taxes and may actually receive a small subsidy from the federal government (from child credits and the Earned Income Tax Credit). Taxes fall...

the number of tax brackets and reducing the top tax rate from 50 percent to 28 percent. The act also expanded the earned income tax credit, the standard...

Income taxes in Canada constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In...

The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing...

earned-income-tax-credit-and-the-child-tax-credit-history-purpose-goals-and-effectiveness/ H.R.2901 - 115th Congress (2017-2018): Volunteer Income Tax...

reliance on progressive income taxes rather than sales taxes for revenue or tax rebates such as the earned income tax credit loosely correlate with socio-economic...

payments it has made to individuals claiming the Earned Income Tax Credit (EITC) for the Guam income tax. This matter was successfully codified in the "American...

child credits and the Earned Income Tax Credit). The 2016 U.S. Gini coefficient was .59 based on market income, but was reduced to .42 after taxes and transfers...

income tax credits: Earned income credit: this refundable credit is granted for a percentage of income earned by a low income individual. The credit is...

social charges payable on income taxed at the scale rates against earned or pension income. Thus, where income or gains are taxed at fixed rates, no deduction...

A corporate tax, also called corporation tax or company tax, is a type of direct tax levied on the income or capital of corporations and other similar...

children a taxpayer has and sometimes the taxpayer's income level. For example, with the Child Tax Credit in the United States, only families making less than...

disposable income, tax cuts are an example of an expansionary fiscal policy. Tax cuts also include reduction in tax in other ways, such as tax credit, deductions...

methodology, with its emphasis on Earned Income Tax Credit (EITC) claimants, resulted in a higher audit rate of low-income African-Americans in U.S. counties...

are taxed on dividends distributed by the corporation. Corporations may be subject to foreign income taxes, and may be granted a foreign tax credit for...

in order to receive a refund on withheld income or to receive certain credits (e.g. earned income tax credit).: 6  The form may be filed either by paper...

A foreign tax credit (FTC) is generally offered by income tax systems that tax residents on worldwide income, to mitigate the potential for double taxation...

Claudia (21 June 2018). "High-frequency Spending Responses to the Earned Income Tax Credit". FEDS Notes. 2018 (2199). doi:10.17016/2380-7172.2199. Sahm maintains...

Working Tax Credit (WTC) is a state benefit in the United Kingdom made to people who work and receive a low income. It was introduced in April 2003 and...