Economy

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Economists are as confused as Trump about taxing the rich (www.economist.com)

submitted 2 weeks ago by lemmy_news@lemmy.wtf to c/economy@lemmy.world

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[–] 52fighters@lemmy.sdf.org -1 points 2 weeks ago (1 children)

How will the average person on that level of income fair after including the earned income tax credit?

[–] Kbobabob@lemmy.world 1 points 2 weeks ago (1 children)

Do you think everyone qualifies for that?

[–] 52fighters@lemmy.sdf.org 0 points 2 weeks ago

It is based on income and household size. If you earn above the threshold, it won't apply.

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/earned-income-and-earned-income-tax-credit-eitc-tables