For the purposes of this blog post, I will assume that everyone knows what Earned Income Credit is. If you don't, go look it up and come back.
Earned income credit is the biggest money waste of taxpayer's dollars ever. I see people blowing their giant refund checks of $5000+ in Walmart on big screen TV's, game systems, cell phones and other expensive electronics. Some people might save theirs or pay bills but a majority blow their refund in a matter of days. One only has to go into Walmart and set foot in the electronics section to see poor people with a boatload of kids buying willy nilly while their kids stand there without hats, boots, gloves and haven't had a haircut for who knows how long.
Here are ways that I think the money could be much better spent than giving it back to poor people to blow:
Expand eligibility for WIC--currently the cutoff age is 5 for children, expand it to age 12 and include fresh fruits and vegetables
Expand daycare assistance so those that want to work can do so
Expand preschool programs on a federal level. Some states have them but not all and it's proven that these programs targeted to the poor do set up children for later academic success
Provide training and/or education for single moms--they do this in prison, why not elsewhere? Train women to cut hair, become a machinist, cook, any skill that makes more money
It really irks me to see my tax dollars get blown by somebody who received a refund because of the ridiculous Earned Income Credit. If they use it to better their life, then so be it but I don't think most do. Do you have another good way federal dollars could be spent to actually help the poor?