Mitt Romney proposes that every family with a child get a sizable government check, every month
(From Vox)
Just like the current CTC (child tax credit), Romney’s proposal would phase out for wealthy parents — the benefits begin phasing out for single filers with $200,000 and joint filers with $400,000 in annual income. But the phaseout would be implemented on the back end, through the tax code — even the richest parents would still get their $250-$350 per-kid checks in the mail every month; they’d just return the money on April 15.
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