The Earned Income Tax Credit (EITC) is a type of negative income tax that:
A) alters the current tax structure.
B) taxes lower income earners at a higher rate than higher income earners.
C) provides for low-income working families to receive income supplements rather than having to pay taxes.
D) sets the minimum tax that must be paid by businesses, even if they have negative income (or losses) .
Correct Answer:
Verified
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