Summary: 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 story A Surprisingly Uncontroversial Program That Gives Money To Poor People.
