| Summary: | Provides an overview of the earned income tax credit (EITC), including eligibility, credit calculations, participation, characteristics of tax year 2000 EITC tax returns, and EITC interaction with other Federal tax credits, means-tested programs, and State EITC provisions. Discusses EITC policy issues, including whether EITC provides an incentive to work, possible imposition of a marriage penalty on single low income parents choosing to marry, and anti-poverty program effectiveness; and examines issue regarding compliance with the EITC provisions, use of paid tax preparers by EITC recipients, and EITC problems as cited by the National Taxpayer Advocate. Reviews legislative history of EITC since 1972, and parameters of EITC calculations since tax year 1975. Includes tables and graphs.
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