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Congressional Budget Office

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Taxes for Low-Income Households (EITC)

The earned income tax credit (EITC) is a refundable credit based on taxpayers' earnings and number of children. Because the credit is refundable, taxpayers who qualify for the EITC receive a payment if the credit exceeds the rest of their tax liability.

related publications


  • Growth in Means-Tested Programs and Tax Credits for Low-Income Households

    February 11, 2013

  • Refundable Tax Credits

    January 24, 2013

  • Supplemental Security Income: An Overview

    December 11, 2012

  • The Supplemental Nutrition Assistance Program

    April 19, 2012

  • Spending Patterns for Prescription Drugs Under Medicare Part D

    December 01, 2011

  • An Overview of Federal Support for Housing

    November 03, 2009
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Testimony on Means-Tested Programs and Tax Credits for Low-Income Households

report

June 18, 2013

read complete document  (pdf, 204 kb)

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  • Additional Data

  • data underlying figures

  • Supplemental Material

  • Federal Means-Tested Programs and Tax Credits - Infographic

related publications


  • Refundable Tax Credits

    January 24, 2013

  • Supplemental Security Income: An Overview

    December 11, 2012

  • The Supplemental Nutrition Assistance Program

    April 19, 2012

  • Spending Patterns for Prescription Drugs Under Medicare Part D

    December 01, 2011

  • An Overview of Federal Support for Housing

    November 03, 2009
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  • Sign up for All CBO RSS Feeds

Growth in Means-Tested Programs and Tax Credits for Low-Income Households

report

February 11, 2013

read complete document  (pdf, 377 kb)

  • Full Text

  • printer-friendly version
  • screen-friendly version

related publications


  • Effective Marginal Tax Rates for Low- and Moderate-Income Workers

    November 15, 2012

  • The Distribution of Household Income and Federal Taxes, 2008 and 2009

    July 10, 2012
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Refundable Tax Credits

report

January 24, 2013

read complete document  (pdf, 8298 kb)

Growth in Means-Tested Programs and Tax Credits for Low-Income Households

Feb 2013 - During the past 40 years, federal spending for major means-tested programs and tax credits for low-income households more than tripled as a share of gross domestic product. In 2012, such spending totaled $588 billion.

related publications


  • Offsetting a Carbon Tax’s Costs on Low-Income Households: Working Paper 2012-16

    November 13, 2012
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Offsetting Costs of a Carbon Tax on Low-Income Households

presentation

November 16, 2012

read complete document  (pdf, 252 kb)

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  • printer-friendly version
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  • Supplemental Material

  • blog post
  • Illustrative Examples of Effective Marginal Tax Rates Faced by Married and Single Taxpayers

related publications


  • The Distribution of Household Income and Federal Taxes, 2008 and 2009

    July 10, 2012

  • Historical Effective Federal Tax Rates: 1979 to 2005

    December 11, 2007

  • The Supplemental Nutrition Assistance Program

    April 19, 2012
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Effective Marginal Tax Rates for Low- and Moderate-Income Workers

report

November 15, 2012

read complete document  (pdf, 1277 kb)

monthly archive

  • June 2013 (7)
  • May 2013 (19)
  • April 2013 (14)
  • March 2013 (22)
  • February 2013 (10)
  • January 2013 (11)
  • December 2012 (4)
  • November 2012 (10)
  • October 2012 (4)
  • September 2012 (6)
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CBO Releases a Report on Effective Marginal Tax Rates for Low- and Moderate-Income Workers

blog post

November 15, 2012


  • Related Documents

  • Effective Marginal Tax Rates for Low- and Moderate-Income Workers
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Illustrative Examples of Effective Marginal Tax Rates Faced by Married and Single Taxpayers: Supplemental Material for Effective Marginal Tax Rates for Low- and Moderate-Income Workers

data or technical information

November 15, 2012

read complete document  (pdf, 799 kb)

related publications


  • Offsetting Costs of a Carbon Tax on Low-Income Households

    November 16, 2012

  • The Estimated Costs to Households From the Cap-and-Trade Provisions of H.R. 2454

    June 19, 2009

  • The Supplemental Nutrition Assistance Program

    April 19, 2012

  • Options for Offsetting the Economic Impact on Low- and Moderate-Income Households of a Cap-and-Trade Program for Carbon Dioxide Emissions

    June 17, 2008

  • The Estimated Costs to Households From the Cap-and-Trade Provisions of H.R. 2454

    June 19, 2009

  • The Distributional Consequences of a Cap-and-Trade Program for CO2 Emissions

    March 12, 2009

  • The Distribution of Revenues from a Cap-and-Trade Program for CO2 Emissions

    May 07, 2009
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Offsetting a Carbon Tax’s Costs on Low-Income Households: Working Paper 2012-16

working paper

November 13, 2012

read complete document  (pdf, 143 kb)

monthly archive

  • June 2013 (7)
  • May 2013 (19)
  • April 2013 (14)
  • March 2013 (22)
  • February 2013 (10)
  • January 2013 (11)
  • December 2012 (4)
  • November 2012 (10)
  • October 2012 (4)
  • September 2012 (6)
  • August 2012 (5)
  • July 2012 (11)
browse all
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How Does CBO Model the Response of Labor Supply to Changes in Tax and Spending Policies?

blog post

October 25, 2012


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