$ 1 is all you need to earn to get EITC.
Originally Posted by Oilrig
True, but disingenuous as Hell. You would not get any EITC at all, to speak of, until you earn many thousands of dollars. It is to supplement wages, and Richard Nixon authored the credit to assist working families.
So, and maybe I’m reading you wrong, it’s $550/month for approx 18 months, totaling 8-9k, or is it not for next year, just one more payment when you file totaling about 4K?
Either way, what’s the point? The biden admin just decided it’d be good to give away what’s gotta be trillions of dollars? This is a dumb idea. The economy is never going to recover if being lazy is incentivized, people need to get back to work. I was in Primantis last night and they had one cook, one waitress and one bartender. They simply ant get anyone to take the many open positions, it’s a pandemic of couch potatoes.
Originally Posted by Jacuzzme
Your math is fucked up. It is $250 per month, beginning yesterday, for 6 months. $1500 this year, as an advance on the $3,000 per year tax credit. It is not Trillions of dollars. Why didn't you complain when Trump authored the stimulus payments, and increased the EITC during his 4 years?
The low wage jobs are being ignored, because people realize they were Slaves. You want them paid at $7.25 an hour, when at $15 an hour, they can not afford rent anywhere.
https://www.cnn.com/2021/07/15/homes...age/index.html
You got used to Illegals filling those jobs at Slave wages. Time to pay the Piper, and stop abusing workers.