Statements (54)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:tax_policy
|
| gptkbp:administered_by |
gptkb:Internal_Revenue_Service
state programs |
| gptkbp:claimed_on |
federal income tax return
|
| gptkbp:designed_for |
low to moderate-income working individuals and families
|
| gptkbp:effective_date |
tax year
|
| gptkbp:eligibility |
number of children
income limits filing status |
| gptkbp:encourages |
work and employment
|
| gptkbp:first_introduced |
gptkb:1975
|
| https://www.w3.org/2000/01/rdf-schema#label |
Earned Income Tax Credit
|
| gptkbp:impact_on_poverty |
reduces poverty rates
|
| gptkbp:increases_with |
number of qualifying children
|
| gptkbp:is_available_in |
all 50 states
self-employed individuals high-income earners |
| gptkbp:is_considered |
taxable income
a refundable tax credit a key component of tax policy anti-poverty program |
| gptkbp:is_criticized_for |
complexity of rules
|
| gptkbp:is_debated_in |
single parents
married couples millions of taxpayers taxpayers with disabilities |
| gptkbp:is_evaluated_by |
effectiveness
government studies impact on labor force participation |
| gptkbp:is_influenced_by |
legislative changes
|
| gptkbp:is_linked_to |
child well-being
increased consumer spending work incentives |
| gptkbp:is_part_of |
federal budget
social safety net tax reform discussions U. S. tax policy |
| gptkbp:is_promoted_by |
non-profit organizations
advocacy groups |
| gptkbp:is_promoted_through |
public awareness campaigns
|
| gptkbp:is_reviewed_by |
tax authorities
|
| gptkbp:is_subject_to |
gptkb:investigation
tax laws legislative review |
| gptkbp:is_supported_by |
economic research
|
| gptkbp:is_used_by |
low-income families
|
| gptkbp:maximum_credit_amount |
varies by year
|
| gptkbp:phase_out_income_threshold |
varies by filing status
|
| gptkbp:reduces_tax_liability |
gptkb:true
|
| gptkbp:refundable |
gptkb:true
|
| gptkbp:reported_by |
gptkb:Form_1040
|
| gptkbp:requires |
earned income
|
| gptkbp:bfsParent |
gptkb:Tax_Reform_Act_of_1986
|
| gptkbp:bfsLayer |
4
|