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Tax Policy – Earned Income Credit

I choose Earned income credit. Summarize the Earned Income Credit in current law, and provide some rationale for its existence. Then, under the assumption that the current law is about to expire, you must argue for the demise, renewal, or revision of your selected credit.

1.    It is should be double-spaced.

2.    To get started, you may want to think about the following questions:
a.    Who benefits from your selected tax credit?
b.    What social or economic outcomes does your tax credit achieve?
c.    Is your tax provision “fair”?

3.    You will be graded both on the content of your report and the quality of your writing – including style, organization, grammar, and spelling. Assume that that your target audience is a policymaker or politician who is not a tax expert.

4.    You are encouraged to do some research on your credit. Make sure you properly cite any outside sources that you consult in order to avoid plagiarism issues.

5.    Your project grade will be calculated pursuant to the following rubric:

Grading Criteria    Points Possible
Accurate and complete summary of current law    10
Plausible/correct rationale for law’s existence    20
Persuasiveness and creativity of argument for renewal/demise/change of law    40
Spelling, grammar, writing style, organization, etc.    30

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