Brian Schatz

@brianschatz ↗

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Last Checked April 2, 2021

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Sun Feb 28 17:10:12 +0000 2021

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Brian Schatz @brianschatz

The full credit will now be available to the 27 million low-income children who currently don’t receive the full credit because their parents earn too little. The poorest 20% of families who make $21,300 or less would see their incomes increase by over 37%. — PolitiTweet.org

Posted Feb. 28, 2021

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Brian Schatz @brianschatz

The majority of jobs lost have been low-paying jobs (57% of jobs lost during the pandemic), and the crisis has widened the racial and ethnic gap in the unemployment rate. While the white unemployment rate has fallen to 5.7%, the Black rate is 9.2% and the Latino rate is 8.6%. — PolitiTweet.org

Posted Feb. 28, 2021

Followed By

Brian Schatz @brianschatz

The increased amount phases out at $150,000 for married taxpayers filing jointly, $112,500 for heads of households, and $75,000 for individual filers Makes the CTC fully refundable for 2021 so that the lowest income families receive the full credit — PolitiTweet.org

Posted Feb. 28, 2021