Building Family Economic Success: The Earned Income Tax Credit (EITC)

Posted August 2, 2005
By the Annie E. Casey Foundation
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This report serves as a quick primer on the Earned Income Tax Credit — what it is and why it matters to America’s hardworking families. Readers will also learn about a Casey-led campaign that succeeded in boosting the credit’s profile while securing more than $310 million in tax relief for low-income households.  This document is one installment in a 10-part series, called Building Family Economic Success, that spotlights how the Annie E. Casey Foundation is helping to economically empower families across the country.

Findings & Stats

Statements & Quotations

Key Takeaway

The EITC is designed to give the working poor a fighting chance

The Earned Income Tax Credit (EITC) is our nation’s largest and most important anti-poverty program. It offers hard-working families a means to reduce debt, accrue savings, offset education costs and fund larger purchases like a car or a down payment on a home. It also funnels millions of dollars into the economies of distressed urban and rural communities.