TRNS Correspondent Dheeraj Chand asks Elaine Maag of Brookings about complications in the Earned Income Tax Credit

TRNS Correspondent Dheeraj Chand asks Elaine Maag of The Brookings Institute about ask about what percentage of Earned Income Tax Credit/Child Tax Credit dollars go unclaimed
and how her proposals could help enhance the efficacy of the tax
credit. She claims that estimates indicate 86% of EITC dollars are
claimed, and simplifying the system would include starting CTC at
first dollar of earnings, publicizing the tax credits, and combine
them into one. Dheeraj Chand

 

 Standard Podcast: Play Now | Play in Popup | Download