Earned Income Credit: Profile of Tax Year 1994 Credit Recipients

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Our Price: $25.00

Year: 1996
Pages: 42
Binding Paperback

Product Code: 0788134736

Description

. Presents information on participation in the Earned Income Credit (EIC) program for tax years 1990 through 1994 & the characteristics of taxpayers who received the EIC in tax year 1994. Total EIC program costs have increased dramatically in recent years as Congress has extended EIC coverage & increased credit rates. From tax year 1990 to tax year 1994, EIC costs increased 150% from $8.6 billion to $21.2 billion. During that same period the number of EIC recipients increased by about 50% -- from 12.6 billion to 19.1 billion. Charts & tables.

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