In his recent speech calling for legislation to stop corporate inversions, President Obama added fuel to the misperception that when a company moves its headquarters to another country it avoids paying U.S. taxes. He...
- Monday Map: EITC Recipients by State
Monday Map: EITC Recipients by State
Today's Monday Map shows the percentage of filers in each state who receive an earned income tax credit (EITC.) This tax credit is targeted towards lower income working people (more on how this works here). Many federal income tax "nonpayers" are EITC recipients (though they may still have some taxable income, the credit they get back exceeds their tax liability.)
Click on the map to enlarge it.
View previous Monday maps here.
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