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Robert is a widower raising two children. In 2013, after the plant where he had worked for 10 years shut down, he was able to
Robert is a widower raising two children. In 2013, after the plant where he had worked for 10 years shut down, he was able to obtain part-time work that paid him $13,500.00 a year. He receives the earned income tax credit. If Robert receives a raise, so that he will earn $16,350, the earned income credit will
a) | be reduced by 21 cents per dollar. | |
b) | be reduced by 25 cents per dollar. | |
c) | be phased out completely. | |
d) | not be reduced. |
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