Federal Reserve Bank of San Francisco

Community Development

Community Investments Vol 21, Issue 1
Beyond Lump Sum: Periodic Payment of the Earned Income Tax Credit

Author(s): Steve Holt

Spring 2009

Community Investments

Over the last two decades, public policies designed to provide income support to impoverished households have shifted focus to encourage and support work. As a result, the tax system has become as important as the welfare office in supporting the poor, as evidenced by the nation’s largest anti-poverty program for working families: the Earned Income Tax Credit (EITC).

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