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Reply to "Why isn’t childcare a business expense?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it's because having children is not a requirement for your job.[/quote] It’s this dear. OP must be a millennial to ask such a question.[/quote] +1 SMH. We're all doomed.[/quote] Why is OP a bad question or suggestion? Of course let's not ever question anything or push for small reforms that might make having a family even slightly more affordable.[/quote] The problem is that OP isn't trying to make "having a family more affordable." She's trying to make being a doctor in a highly lucrative profession more lucrative. Those are not the same thing, in terms of social goods. [/quote] Well she's pointing out an issue in our tax code, which is a real issue. There are so many deductions, why not this one? Why isn't there better tax relief for child care expenses? The fact that you dislike that OP is likely earning a high income is irrelevant. Fwiw doctors that own their own businesses have to deal with a lot of BS after having gone through many expensive and intense years of education and training. It's not an easy path. She isn't running a hedge fund ffs.[/quote] But there already are benefits in the tax code for people with children and small businesses. OP just wants more. And from a tax policy standpoint, subsidizing OP’s nanny should not be a high priority. Let’s talk about subsidizing daycare for people working two jobs. [/quote]
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