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Political Discussion
Reply to ""Affordable Childcare""
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[quote=Anonymous][quote=Anonymous]Well what they're saying and what they are actually able to accomplish are not necessarily true. HRC. for example, has I believed proposed a plan that would limit the amount of money a family has to pay for childcare to 10% of the family's income or something like that. It is to get around the fact that, for example, in the DC area the average price for infant care (in a daycare, not some luxe nanny) is $24,000 a year. This could essentially bankrupt a single mom making a respectable 50k salary. They are proposing solutions to fix this problem. I think a good solution could be having the tax credit for child care be a sliding amount depending on the location's average childcare prices. IE, in DC its 24k, in Maine it is 10k so DC residents could get more of the money put towards childcare tax exempt. CAN they do any of this? Doubtful. [/quote] Why not? It seems very reasonable to me. A tax credit in proportion to local cost of daycare is simple and makes so much sense. What are the arguments or cons here I am very curious. Subsidizing daycares in general is beset with problems (regulations, beaurocracy etc) and also will not result in fees coming down - that is just a joke. Vouchers for low-income families is also a beaurocratic nightmare and keeps people on welfare - it's not creating "affordable childcare." Hillary's plan might be on the right track. [/quote]
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