The Earned Income Tax Credit

The earned income tax credit

A) allows families making up to $48,000 per year to pay only 50 percent of their annual tax bill.
B) Is a tax refund that allows families making up to $48,000 per year to pay no income tax and earn a credit towards their social security tax bill.
C) assists 25 million families each year with their tax bills.
D) is available to all wage earners regardless of income.
E) Options B and C are true.