Econ Comments & Analysis
Market Watch | Japan steps off the tax cliff Tuesday — Can it survive?
It was the mid-1990s. Japan had gone from a rising economic superpower to a nation in decline, mired in what would be known as “The Lost Decade.”
CRS | The Earned Income Tax Credit (EITC): An Overview
The Earned Income Tax Credit (EITC or EIC) began in 1975 as a temporary program to return a portion of the Social Security tax paid by lower-income taxpayers (the credit was, and remains, calculated as a percentage of earned income, with no direct link to Social Security taxes paid by the tax filer), and was made permanent in 1978.
