4 ms·

1) taxing stay at home moms for the value they are creating or 2) removing child care service taxes. Or 3) allowing a deduction from income equal to the amount

1) taxing stay at home moms for the value they are creating or 2) removing child care service taxes. Or 3) allowing a deduction from income equal to the amount spent on child care. This is the option Canada takes, incidentally; the only thing I don't like about it is that you're not allowed to pay your spouse for child care, and so stay-at-home fathers end up without any taxable income and thus without any pension contributions.

randyrand 11y ago
How is that different from removing child care service taxes? The only difference I can see if that you have to wait till tax day to get your money back.
- cperciva 11y ago
  Different people have different marginal tax rates.
  - randyrand 11y ago
    Ah yes. So doing it on tax day actually saves people with higher marginal tax rates more money than those with lower ones. Interesting.
eitally 11y ago
The US does this, too, but it has a pretty low phase-out threshold and most folks with HHI > $100k don't see any benefit. In middle America, $100k is still quite good money, but not on the coasts.