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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Child Care Plan: 70% of benefits to those making $100K+, 25% to those making $200K+ #MAGA!
Making child care more affordable is one of Trump's signature promises to voters. It's listed in his contract with the American voter. His daughter Ivanka Trump played a large role in crafting the plan, which includes three new tax benefits.
Just about everyone agrees that child care costs in America are astronomical. It now costs more to put a kid in child care than college (if you get in-state tuition).
But an analysis by the Tax Policy Center finds that Trump's proposal is a gift to the rich. The tax experts at TPC say 70% of the benefits will go to families that make $100,000 or more. And 25% will go to people earning $200,000 or more.
"Trump has identified a real challenge affecting working families, but his proposal would do little or nothing to help them," Elaine Maag, an expert at the Tax Policy Center, told CNNMoney.
http://money.cnn.com/2017/02/28/news/economy/donald-trump-child-care/index.html
Eliot Rosewater
(31,121 posts)just watch
Initech
(100,105 posts)Initech
(100,105 posts)Charles Bukowski
(1,132 posts)Uh huh. Sure. You bet.
logosoco
(3,208 posts)$100,000 a year. I know a lot of his supporters think everyone(except themselves, of course) is on welfare and food stamps and having babies to get a check.