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Episode 451: Why Some People Love Tax Day
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Episode 451: Why Some People Love Tax Day

Government

Episode 451: Why Some People Love Tax Day

Episode 451: Why Some People Love Tax Day
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  • <iframe src="https://www.npr.org/player/embed/338354239/338360319" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Note: Today's show is a rerun. It originally ran in April 2013.

In 2012, a federal program took about $60 billion from wealthier Americans and gave it to millions of working poor. This program — a massive redistribution of wealth — has been embraced by every president from Ronald Reagan to Barack Obama.

On today's show, we look at a huge, often overlooked, surprisingly interesting corner of the tax code: The Earned Income Tax Credit.

For more, see our story A Surprisingly Uncontroversial Program That Gives Money To Poor People.

Music: Aaliyah's "I Care 4 U" and Tony Bennett's "When You Wish Upon A Star." Find us: Twitter/ Facebook/ Spotify/ Tumblr. Download the Planet Money iPhone App.

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