The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.
April 13th, 2013
Episode 582 of 960 episodes
Last year, a federal program took about $60 billion from wealthier Americans and gave it to the 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 storyA Surprisingly Uncontroversial Program That Gives Money To Poor People.