T19-0020 - Remove $2,500/$3,000 Child Tax Credit Refundability Threshold, Make Entire Credit Refundable, and Increase Additional Child Tax Credit (ACTC) Phase-in to 45 Percent; Distribution of Federal Tax Change by Expanded Cash Income Level, 2019

Distributional estimate for a (1) proposal to eliminate the earnings threshold to calculate the refundable portion of the CTC, (2) make the full $2,000 CTC for children under 17 refundable, and (3) to phase the refundable portion of the credit in at a rate of 45 percent of earnings in excess of $2,500 (prior to 2025), $3,000 thereafter (by ECI percentile)(by ECI level)