• Thumbnail for Earned income tax credit
    States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals...
    59 KB (7,539 words) - 16:11, 30 July 2024
  • States federal child tax credit (CTC) is a partially-refundable tax credit for parents with dependent children. It provided $2,000 in tax relief per qualifying...
    82 KB (8,555 words) - 03:45, 4 August 2024
  • Thumbnail for Income tax in the United States
    impose an income tax. They are determined by applying a tax rate, which may increase as income increases, to taxable income, which is the total income less...
    140 KB (14,341 words) - 05:06, 19 August 2024
  • Thumbnail for Negative income tax
    negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level; in other words, earners above...
    21 KB (2,950 words) - 20:06, 15 July 2024
  • Thumbnail for Progressivity in United States income tax
    the federal government (from child credits and the Earned Income Tax Credit). "Progressivity" as it pertains to tax is usually defined as meaning that...
    31 KB (3,390 words) - 05:40, 2 June 2023
  • categorized in Finnish tax law as either earned income (ansiotulo) or capital income (pääomatulo), essentially by stating that earned income is any salary paid...
    43 KB (4,848 words) - 19:17, 31 July 2024
  • Thumbnail for Tax Reform Act of 1986
    the number of tax brackets and reducing the top tax rate from 50 percent to 28 percent. The act also expanded the earned income tax credit, the standard...
    21 KB (2,366 words) - 22:02, 4 July 2024
  • Thumbnail for Progressive tax
    Jonathan H. (1 April 2010). "Optimal tax theory: the journey from the negative income tax to the earned income tax credit". Southern Economic Journal. 76 (4):...
    60 KB (6,900 words) - 12:17, 20 July 2024
  • Thumbnail for State income tax
    income tax collected by the United States, most individual U.S. states collect a state income tax. Some local governments also impose an income tax,...
    86 KB (8,618 words) - 00:54, 15 August 2024
  • Thumbnail for Tax Reduction Act of 1975
    started the Earned Income tax credit (EITC), which, at the time, provided an income tax credit to certain individuals. The EITC gave a tax credit to individuals...
    4 KB (237 words) - 17:56, 4 July 2024