What is the provision of the federal tax code reducing the taxes for low-income families with job earnings?

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The provision of the federal tax code reducing the taxes for low-income families with job earnings is called Earned Income Tax Credit. This credit is designed to provide a refundable tax credit to working families with low to moderate income. It is intended to reduce the tax burden on low-income taxpayers and provide them with additional income to help them meet their basic needs. The credit amount varies depending on income level, filing status, and number of qualifying children.

What Is the Provision of the Federal Tax Code Reducing