Asbestos is found in rocks and soil. These mineral fibers have worked well for manufacturers for many reasons. For starters, theyâre flexible and resistant to heat, chemicals, and electricity. Thatâs why they were widely used for years to make construction materials, automotive parts, and even textiles.
A tax expenditure program is government spending through the tax code. Tax expenditures alter the horizontal and vertical equity of the basic tax system by allowing exemptions, deductions, or credits to select groups or specific activities.
Earned Income Tax Credit (EITC), Definition(s) of. The Earned Income Tax Credit (EITC) is a federal anti-poverty tax credit that is designed to supplement the earnings of low income workers by reducing or eliminating their taxes. The EITC is administered by the Internal Revenue Service. (Wirtz, 2003).