50 Years of Lifting Families: Celebrating the Earned Income Tax Credit

IRS In Audio

Join us as we explore the remarkable 50-year journey of the Earned Income Tax Credit (EITC). This vital program, signed into law on March 29th, 1975, has become one of the federal government's most impactful anti-poverty initiatives, providing crucial financial support to millions of low-to-moderate income working families. We delve into the history of the EITC, tracing its evolution from a modest beginning to the significant force it is today. Discover how this credit has helped families cover essential needs, save for the future, and build greater financial stability over the past five decades. We'll look at the numbers – the billions of dollars distributed and the millions of families reached – and highlight the enduring importance of the EITC in empowering working individuals and families.

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