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| but it's worth reminding that the effective income tax for the lowest 20-40% of earners is negative Can you explain why this is so? Interesting way to put it
by spiderjerusalem 10y ago
| but it's worth reminding that the effective income tax for the lowest 20-40% of earners is negative
Can you explain why this is so? Interesting way to put it..
- Roboprog 10y agoEarned Income Credit, for one thing. I can't speak to the accuracy of the 20 to 40 % claim, but I remember getting a significant EIC credit one year in the 80s.