ANNOYANCE and dread. That’s what tax season brings for many Americans. But there is a large section of people for whom the bureaucratic paperwork of April means something else entirely: joyful anticipation.
They are the approximately 27 million Americans — mostly parents of children — who now get a large tax credit along with a refund. In 2014, the federal government spent more than $66 billion on the earned-income tax credit. It is the nation’s largest cash anti-poverty program, one that lifted 3.2 million American children above the poverty line in 2013, based on analysis from the Center on Budget and Policy Priorities.