Neumark, David - National Bureau of Economic Research - 2024
California has the highest Earned Income Tax (EITC) supplement to the federal EITC, with an 85% supplement rate …. However, we find that despite the apparent generosity of the California EITC, there is no employment effect on less … of the federal EITC. Our analysis points to two reasons why, unlike other EITCs, California's EITC does not appear to …