Reply to What if we made this lost year up to parents with a tax break?

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Reply to "What if we made this lost year up to parents with a tax break?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So families above 150k didn’t have any stress this year?

Here in coastal California, 150k doesn’t buy much. It doesn’t buy a big house (or frankly, any house, in some areas). It doesn’t buy nannies or tutors for multiple children. And it certainly doesn’t buy children that don’t have medical or learning problems.

Any tax break would need to be given to all families in order to be fair, no matter their income.[/quote]

Yeah, that's a no go. We're never going to pass a relief package that will send money to the children of millionaires and corporate lawyers. I get saying that 150k is too low, there is an argument to be made for that. But it's absolutely true that the stress of the pandemic increases as you go down the income ladder. The people with the least have suffered the most and need the most help. I you don't understand that "to be fair" we need to focus relief on those folks, I can't help you.[/quote]

Agree. We have money so we hired help (nanny) and the pandemic hasn’t been too bad for us. We know people with a similar HHI, perhaps a bit lower, and they’re keeping their kids out of daycare/not hiring help because they’re cheap and like the extra savings, and simultaneously complaining. No need to help them[/quote]

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