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 provides $2,000 in tax relief per qualifying...

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...

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

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,...

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):...

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...

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...

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...

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

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...

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

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...

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...

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

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...

California outreach program that helps low-income families claim the state and federal earned income tax credits. Born and raised in Southern California...

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...

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...

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...

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...

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...

central government to tax non-agricultural income; agricultural income is defined in Section 10(1) of the Income-tax Act, 1961. Income-tax law consists of the...

The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government...

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...

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...