Example
Partially refundable child tax credit: Benefit as a percent of after-tax income
Income bracket | Child tax credit |
---|---|
Bottom 20% | 1.3% |
21–40th | 1.9 |
41–60th | 1.6 |
61–80th | 1.2 |
81–90th | 0.9 |
91–95th | 0.6 |
96–99th | 0.3 |
Top 1% | 0 |
Source: Tax Policy Center
Tax Policy Center, Individual Income Tax Expenditures [online database], Table T18-0195, October 2018. Data are for 2018.
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