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Did Obama really take away earned income credit?

  1. fresh2def05 profile image83
    fresh2def05posted 5 years ago

    Did Obama really take away earned income credit?

  2. profile image0
    JThomp42posted 5 years ago

    The earned income tax credit (EITC) rewards work and lifts families out of poverty. The program seeks to maximize participation of eligible taxpayers and reduce payments to ineligible taxpayers. No, President Obama is not trying to take it away.

  3. LandmarkWealth profile image81
    LandmarkWealthposted 5 years ago

    I haven't seen anything that suggests that.  Considering it's a form of welfare that gives you back a tax return for money you never paid, I would imagine he'd be looking to expand the program.  I don't think Obama ever saw a welfare program he didn't love.

    1. profile image52
      koolkat12345posted 4 years agoin reply to this

      And yet we can bailout the banks who were already in bed with the corporations and the politicians who in turn screwed all the American people...go figure