The earned income tax credit (eitc) is an income redistribution to lower-paid workers or lower-income working
A tax expenditure is what?
The procedure by which a tax payer can deduct money from their tax return is known as a tax expenditure.
Tax expenditures are crucial because they use deductions and exemptions, among other things, to lower the amount that a tax payer must submit as a tax return.
As a result, this is an illustration of a tax expenditure.
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