when did the earned income tax credit start
Earned income tax credit Enacted in 1975, the initially modest EIC has been expanded by tax legislation on a number of occasions, including the widely publicized Tax Reform Act of 1986, and was further expanded in 1990, 1993, 2001, and 2009, regardless of whether the act in general raised taxes (1990, 1993), lowered taxes (2001), or eliminated other deductions and credits (1986).[9] Today, the EITC is one of the largest anti-poverty tools in the United States.[10] Most income measures, including the poverty rate, do not account for the credit.[11]