T23-0097 – Repeal the CTC Earned Income Threshold, Repeal the Refundability Limit Enacted by the 2017 Tax Act, and Increase the Refundability Rate from 15 Percent per Tax Unit to 15 Percent per Child; Baseline: Current Law; Distribution of Federal Tax Cha
Table shows the distribution of tax changes by expanded cash income level of repealing the CTC earned income threshold, repealing the refundability limit enacted by the 2017 Tax Act, and increasing the refundability rate from 15 percent per tax unit to 15 percent per child, 2023.