Example sentences for: eitc
How can you use “eitc” in a sentence? Here are some example sentences to help you improve your vocabulary:
"In the short term, readjustment hits EITC, Social Security, WIC, food stamps, and school lunches," says Dean Baker of the Economic Policy Institute, "but in the long term, taxes will be 30 [percent] or 40 percent higher."
EITC wouldn't be an issue, notes Bob Novak ( Capital Gang ), "if [the House Republicans] had cut the budget like they were supposed to.
Mr. Brosnan has added another small footnote to the long history of the EITC.
Clintonites wish to count this as a Clinton tax cut . The EITC is supposed to help relieve the burden of payroll taxes (Social Security, Medicare), and is "refundable" (paid in cash) to workers who owe less in income tax than the tax credit is worth.
Not coincidentally, these programs--including unemployment compensation, Social Security, and the Earned Income Tax Credit (EITC), all of which you have to work to get--have been politically unassailable, while welfare programs are either unpopular or actively despised.
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