As I understand the way this tax credit works, or child-care credit works, if a family is making $1 million a year they would get the same tax credit per child as a family making $30,000 a year. Is that correct?
James Sasser: “As I understand the way this tax credit works, or child-care credit works, if a family is making $1 million a year they…”
Editor's note · Context
Questioning the fairness of the child-care tax credit during a Senate discussion.
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But it is true, is it not, that a family of four making $16,000 a year gets no tax credit under this Republican proposal that the Senator from Indiana is lauding today? Is that not correct?
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