A photo of a young mother working on her taxes with an infant beside her in a high-chair.
The earned income tax credit was established in 1975 to offset Social Security taxes and surging inflation.
  • The Earned Income Tax Credit reduced the likelihood of being in poverty, new research shows.
  • Children exposed to the EITC at early ages were less likely to receive public assistance, such as WIC, as adults.
  • The EITC reaches over 31 million households each year, according to the IRS.

New research reveals a key tax credit is helping keep many children out of poverty decades later.