I pay tens of thousands of dollars in taxes and you have no idea what your talking about. I want my own money back and don’t need anything from you or anyone else. The child tax credit back is only a small piece of what is taken from me for big government and again, what I get back is ALL MINE. You people are being obtuse at this point. Go support higher taxes and be a hypocrite.
I agree that people like you who pay federal income tax should get a child tax credit. But Rubio is trying to give the credit to millions of Americans who pay zero federal income tax.
He is trying to take some of that tens of thousands in tax that you pay and give it to people who pay no federal income tax
I take it that you don’t do your own taxes? Or, if you do, you use a tax software program, just key in the raw information and the software magically does everything for you?
The reason I ask is that you don’t seem to understand what is meant by tax credit and how the computations are done. So things in this thread seem to just be going over your head — or maybe you;re just having a mental block on this.
Considering they eliminated the dependent exemptions, they SHOULD increase the CTC.
However - this refundable business isn’t a true “refund”
And the people getting the refundable credit are also getting thousands in EITC - also “refundable”