Earned Income Tax Credit (US)
The United States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- and medium-income individuals and couples, primarily for those who have qualifying children. When the credit exceeds the amount of taxes owed, it results in a tax refund to those who qualify and claim the credit. That is, this credit is refundable. This tax credit is provided, in part, to offset the burden of social security taxes and to maintain an incentive to work.
Read more about Earned Income Tax Credit (US): Overview, Earned Income, Qualifying Children, Other Requirements, 2 Year Disallowance For 'reckless' EIC Claim, 10 Year Disallowance For Fraudulent Claim, EIC Table, 2010, Impact, Cost, Uncollected Tax Credits, Storefront "RALs" (Refund Anticipation Loans)
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“Toiling,—rejoicing,—sorrowing,
Onward through life he goes;
Each morning sees some task begin,
Each evening sees its close;
Something attempted, something done,
Has earned a night’s repose.”
—Henry Wadsworth Longfellow (1809–1882)
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And I carefully compare it with the income-tax returns;”
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Nor rain, wind, thunder, fire are my daughters.
I tax you not, you elements, with unkindness;
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—Perry Garfinkel (20th century)