The federal Earned Income Tax Credit lifts millions of people out of poverty each year. But not everyone eligible claims the credit: only 76% of total eligible taxpayers claimed the credit for tax year 2020, ranging from 68% in Oregon to 87% in West Virginia.
January 26, 2024
Across OECD countries in 2022, GDP per capita ranged from $22,000 in Colombia to $146,000 in Luxembourg. The United States ranked sixth, with $76,000.
January 22, 2024