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Reply to "Why isn’t childcare a business expense?"
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[quote=Anonymous]Once more...if you are trying to say that the tax code should reward what I guess you are saying is a societal good (i.e., having children), then such reward should not be tied to an expense (i.e., a Nanny). That reward should be available to everybody...working parents, SAH parents, etc. Even in this situation, it would likely phase out based on income levels as most tax deductions/credits do. Where do all these deductions stop for personal choices? Should all post-HS education expenses be tax deductible? Again, it's in the best interests of the country to have a better trained/educated population...but it's still a personal choice and how is it fair to those that don't avail themselves of higher education? [/quote]
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