May 6, 2019
![Total Amount of EITC Claimed Annually Total Amount of EITC Claimed Annually](https://www.taxpolicycenter.org/sites/default/files/fiscal-facts/ff_detailed_h_0.png)
Fact:
The Earned Income Tax Credit (EITC) was established in 1975. The total amount of credit claimed in 1975 was $1.2 billion (or $5.6 billion in 2016 dollars). In 2016, the total was $66.7 billion, almost 12 times larger in real terms.