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Earned Income Tax Credit Earned Research Paper
Pages:5 (1634 words)
Sources:5
Subject:Taxes
Topic:Income Tax
Document Type:Research Paper
Document:#12619589
As mentioned above, several organizations are making efforts for advertising this measure. Even so, the IRS expects that a higher number of first-time applicants intend to use the EITC benefits. The factors that led to this situation are represented by the high turnover rates determined by the crisis.
In addition to this, several studies in the field have observed the fact that the level of EITC influences wages and the proportion of the workforce. In other words, EITC has been observed to lead to reduced wages. This result of the EITC affects eligible and non-eligible workers, which are disadvantages by the EITC introduction. EITC also leads to increased workforce, which determines improved sustainment of the economic situation.
Reference list:
1. Qualifying Child Rules (2010). Internal Revenues Service. Retrieved February 15, 2011 from http://www.irs.gov/individuals/article/0,,id=218779,00.html.
2. Program Areas (2008). The Piton Foundation. Retrieved February 15, 2011 from http://www.piton.org/index.cfm?fuseaction=Content.article1&CFID=14333438&CFTOKEN=22349543.
3. Dougherty, C. (2011). Alternate Measure Says Poverty Didn't Rise. The Wall Street Journal. Retrieved February 15, 2011 from http://blogs.wsj.com/economics/2011/01/06/alternate-measure-says-poverty-didnt-rise-in-2009/?KEYWORDS=earned+income+credit.
4. Rothstein, J. (2009). Is the EITC as Good as an NIT? Princeton University. Retrieved February 15, 2011.
5. Leigh, a. (2005). Who Benefits from the Earned Income Tax Credit? The Australian National University. Retrieved February 15, 2011.
6. Greenstein, R. (2000). Should EITC Benefits Be Enlarged for Families with Three or More Children? Center on Budget and Policy Priorities. Retrieved February 15, 2011 from http://www.cbpp.org/cms/?fa=view&id=1215.
7. Wu, X. (2005). Labor Supply and Income Effects of the Earned Income Tax Credit and Welfare Programs. Retrieved 15 February, 2011 from http://agecon2.tamu.edu/people/faculty/wu-ximing/public/eitc.pdf
8. Grass, J. (2011). EITC Benefits Often Go Unclaimed, IRS Says. The Juneau Empire. Retrieved February 15, 2011 from http://www.juneauempire.com/stories/013011/loc_778316151.shtml.
9. Browning, a. (1995). Effects of the Earned Income Tax Credit on Income and Welfare. National Tax Journal. Retrieved February 15, 2011 from http://www.allbusiness.com/professional-scientific/accounting-tax-preparation/496445-1.html.
Sample Source(s) Used
Reference list:
1. Qualifying Child Rules (2010). Internal Revenues Service. Retrieved February 15, 2011 from http://www.irs.gov/individuals/article/0,,id=218779,00.html.
2. Program Areas (2008). The Piton Foundation. Retrieved February 15, 2011 from http://www.piton.org/index.cfm?fuseaction=Content.article1&CFID=14333438&CFTOKEN=22349543.
3. Dougherty, C. (2011). Alternate Measure Says Poverty Didn't Rise. The Wall Street Journal. Retrieved February 15, 2011 from http://blogs.wsj.com/economics/2011/01/06/alternate-measure-says-poverty-didnt-rise-in-2009/?KEYWORDS=earned+income+credit.
4. Rothstein, J. (2009). Is the EITC as Good as an NIT? Princeton University. Retrieved February 15, 2011.
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