Payroll tax

The latest addition to the senate tax bill is a benefit for low income people. It raises the child tax credit to $2,000 but can go against payroll tax. A family of four, earning $53,000 pays no income tax but pays $4,000 in payroll tax (social security and Medicare). This four grand will be refunded to them in the form the child tax credit which means they will pay no income tax and no payroll tax.