The McSally proposal also drew fire from economists who argued it would mainly benefit wealthier taxpayers and not be well targeted.
“Low and most middle-income families will receive no or minimal benefit as you can’t claim the maximum credit until you’re pretty well off,” Matthew Gardner, a senior fellow at the left-leaning Institute on Taxation and Economic Policy, wrote in a blog post. “The credit is nonrefundable, so a married couple can’t claim the full $8,000 credit unless their income tax liability before credits reaches that amount.”
