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Earned Income Tax Credit (EITC) Parameters in 2011
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| Pre-Bush Tax Policy (1) | Compromise Tax Policy (2) | Democratic Plan Tax Policy (3) |
Original Republican Plan (4) | |||||
| 3 or More Children | Married Filing Jointly | Other Taxpayers | Married Filing Jointly |
Other Taxpayers | Married Filing Jointly |
Other Taxpayers | Married Filing Jointly | Other Taxpayers |
| Credit Rate |
Same as credit
for 2 or more children |
Same as credit for 2 or more children | 45.00% | 45.00% | Same as credit for 2 or more children |
Same as credit for 2 or more children |
Same as credit
for 2 or more children |
Same as credit
for 2 or more children |
| Phase-out Rate | 21.06% | 21.06% | ||||||
| Earned Income Threshold | $12,780 | $12,780 | ||||||
| Maximum Credit | $5,751 | $5,751 | ||||||
| Phase-Out Threshold | $21,690 | $16,690 | ||||||
| Phase-Out Limit | $48,998 | $43,998 | ||||||
| 2 or More Children | Married Filing Jointly | Other Taxpayers | Married Filing Jointly | Other Taxpayers | Married Filing Jointly | Other Taxpayers | Married Filing Jointly | Other Taxpayers |
| Credit Rate | 40.00% | 40.00% | 40.00% | 40.00% | 40.00% | 40.00% | 40.00% | 40.00% |
| Phase-Out Rate | 21.06% | 21.06% | 21.06% | 21.06% | 21.06% | 21.06% | 21.06% | 21.06% |
| Earned Income Threshold |
$12,780 |
$12,780 | $12,780 | $12,780 | $12,780 | $12,780 | $12,780 | $12,780 |
| Maximum Credit | $5,112 | $5,112 | $5,112 | $5,112 | $5,112 | $5,112 | $5,112 | $5,112 |
| Phase-Out Threshold | $16,690 | $16,690 | $21,690 | $16,690 | $21,690 | $16,690 | $19,870 | $16,690 |
| Phase-Out Limit | $40,964 | $40,964 | $45,964 | $40,964 | $45,964 | $40,964 | $44,114 | $40,964 |
| 1 Child | Married Filing Jointly | Other Taxpayers | Married Filing Jointly | Other Taxpayers | Married Filing Jointly | Other Taxpayers | Married Filing Jointly | Other Taxpayers |
| Credit Rate | 34.00% | 34.00% | 34.00% | 34.00% | 34.00% | 34.00% | 34.00% | 34.00% |
| Phase-Out Rate | 15.98% | 15.98% | 15.98% | 15.98% | 15.98% | 15.98% | 15.98% | 15.98% |
| Earned Income Threshold | $9,100 | $9,100 | $9,100 | $9,100 | $9,100 | $9,100 | $9,100 | $9,100 |
| Maximum Credit | $3,094 | $3,094 | $3,094 | $3,094 | $3,094 | $3,094 | $3,094 | $3,094 |
| Phase-Out Threshold | $16,690 | $16,690 | $21,690 | $16,690 | $21,690 | $16,690 | $19,870 | $16,690 |
| Phase-Out Limit | $36,052 | $36,052 | $41,052 | $36,052 | $41,052 | $36,052 | $39,232 | $36,052 |
| No Children | Married Filing Jointly | Other Taxpayers | Married Filing Jointly | Other Taxpayers | Married Filing Jointly | Other Taxpayers | Married Filing Jointly | Other Taxpayers |
| Credit Rate | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% |
| Phase-Out Rate | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% | 7.65% |
| Earned Income Threshold | $6,070 | $6,070 | $6,070 | $6,070 | $6,070 | $6,070 | $6,070 | $6,070 |
| Maximum Credit | $464 | $464 | $464 | $464 | $464 | $464 | $464 | $464 |
| Phase-Out Threshold | $7,590 | $7,590 | $12,590 | $12,590 | $12,590 | $7,590 | $10,770 | $7,590 |
| Phase-Out Limit | $13,660 | $13,660 | $18,660 | $13,660 | $18,660 | $13,660 | $16,840 | $13,660 |
| Investment Income Threshold (for EITC) | $3,150 | $3,150 | $3,150 | $3,150 | $3,150 | $3,150 | $3,150 | $3,150 |