The EITC will increase the labor provide of moms, which ends up in will increase in payroll and gross sales taxes paid.

The EITC decreases dependence on authorities switch spending.

Evaluated over a one-year interval, the web EITC price is simply 17 % of the $70 billion annual budgetary price.

Evaluated over a longer-time horizon, the web EITC price is decrease and maybe zero.

The 2009 EITC enlargement continued to extend maternal labor provide and earnings.

Right here is the forthcoming Journal of Public Economics paper, by Jacob E. Bastian and Maggie R. Jones, by way of the superb Kevin Lewis.

The publish Claims about Earned Income Tax Credit appeared first on Marginal REVOLUTION.

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