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Topic	Politics Containment Topic 155: The Democratic Senator from Alabama
StealThisSheen 12/15/17 11:30:07 PM #276:	Corrik posted... So wait. What does $2000 child tax credit mean with refundability up to $1400. Is that $2000 or $1400? $1400. It's a phase-in, so it won't hit $2000 for years. And you have to make a certain amount per year to actually get that $2000. It's designed to help richer families more. So, basically, the average person will only see a very small increase over the next few years. EDIT: To explain it more easily, what it means is that you get up to $1400 back, but it's based on income at 15 cents on the dollar. --- Seplito Nash, Smelling Like the Vault since 1996 Step FOUR! Get Paid! <cite>StealThisSheen posted [p:892304430] in Politics C... [t:76092995]...</cite> <quote><cite>Corrik posted...</cite> <quote>So wait. What does $2000 child tax credit mean with refundability up to $1400. Is that $2000 or $1400?</quote> $1400. It's a phase-in, so it won't hit $2000 for years. And you have to make a certain amount per year to actually get that $2000. It's designed to help richer families more. So, basically, the average person will only see a very small increase over the next few years. EDIT: To explain it more easily, what it means is that you get up to $1400 back, but it's based on income at 15 cents on the dollar. --- Seplito Nash, Smelling Like the Vault since 1996 Step FOUR! Get Paid!</quote> ... Copied to Clipboard!
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