Reply to Why isn’t childcare a business expense?

Forum Index » Money and Finances

Reply to "Why isn’t childcare a business expense?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][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]

Education and training increases your income. Having children drastically increases your expenses. There is a reason the government doesn't offer subsidized loans for birth expenses or child care.

But feel free to buy an island and make it liveable for yourself in old age with zero working age people.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics