Estimates of the distributional impact of increasing the Idaho Child Tax Credit from $205 to $275 per child with phaseouts and making the credit refundable, by income group. This option would give $49 million back to Idaho families.
| Lowest 20% | Less than $31,100 | $381 | 2.08% |
|---|---|---|---|
| Second 20% | $31,100 - $55,600 | $335 | 0.84% |
| Middle 20% | $55,600 - $91,800 | $101 | 0.18% |
| Fourth 20% | $91,800 - $146,000 | $110 | 0.14% |
| Next 15% | $146,000 - $286,000 | $72 | 0.06% |
| Next 4% | $286,000 - $738,300 | $89 | 0.05% |
| Top 1% | $738,300 and above | $75 | 0.00% |
