Stock holdings are much higher for families with the highest incomes. In 2022, the median value of stocks held by the top 10% of families by income was over $600,000, compared with around $8,000 for the bottom 20% of families by income.
November 13, 2023
Eligibility for the EITC has been expanded from the credit's inception in 1975. In 2021, the EITC was claimed on 31 million federal income tax returns.
November 6, 2023