Earned Income Tax Credit

An associate who hires people, mentioned some of the things they buy with their earned income tax credit. One bought a $2,000 tattoo, and a like one for his girlfriend. One bought a motorcycle.

The earned income tax credit is welfare. A low-income filer gets a government/taxpayer check just for having a low income.

The cost of the EITC to the Federal Government was more than $36 billion in 2004. (Wikipedia.)

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One Response

  1. Tom,

    Sandra and I were in graduate school for seven years. We had three children at the time. We used our earned income credit to survive. We thought about getting tattoos, but the kids were hungry.

    The other side of that coin,
    Greg

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