Terry M. Lease (Sonoma State University, School of Business and Economics), Michael Slotkin (Florida Institute of Technology, College of Business) & Karen Chambliss (Florida Institute of Technology, College of Business) have posted EITC In Undergraduate Business Education on SSRN. Here is the abstract:

Spring 2005 marked the thirtieth anniversary of the earned income tax credit (EITC), an anti-poverty program whose nominal dollar costs have grown from $1.5 to $37 billion. The EITC is credited with alleviating poverty, especially among children, enlarging labor force participation, and reducing welfare use, but surprisingly, the EITC draws limited page space in undergraduate business textbooks, with most authors providing only a cursory examination. This paper constitutes an effort in rectifying this pedagogical hole, providing a history and explanation of the incentives inherent in the EITC, descriptions of the program’s eligibility requirements and credit formula, a matrix for determining the respective income measures used to establish the credit, and case scenarios detailing the credit’s impact on the tax burden of a selected demographic group.