Discuss the key components of the Earned Income Tax Credit through the lens of the readings provided in the course, including:

1. The requirements to be eligible to receive the EITC.
2. The key arguments of the supporters of the EITC
3. The key arguments of the opposition to the EITC.
4. Why you think the EITC led to an industry of predatory tax preparers targeting the recipients of the credit.

Be sure to support your assertions with references from the course materials and your own experiences that have lead to your current position.