Does Earned Income Tax Credit (EITC) expansion have a positive or negative effect on labor market outcomes and household well being in Washington DC? Hear Dr. Hardy discuss research on how EITC expansions undertaken by the Washington DC affect income and inequality in the city.
Young adults ages 18 to 24 in the United States face some of the highest poverty rates of any age group: 1 in 5 lives in poverty,1 and over half have incomes below 200% of the poverty threshold (approximately $32,000 for a one-person household in 202...
National Tax Journal In 2021, the US Congress temporarily expanded the earned income tax credit (EITC) for workers without qualifying children (the childless EITC) to mitigate the COVID-19 pandemic's economic effects. The reform tripled the maximum b...
