4 ms·
That's a very cynical perspective. Life isn't about money, and in my experience being a parent brings with it many enjoyable moments that could not be bought fo
by jbarham 11y ago
That's a very cynical perspective. Life isn't about money, and in my experience being a parent brings with it many enjoyable moments that could not be bought for all the money in the world.
I live in Australia where the financial support for parents is IMHO actually very good. "Family Tax Benefit" direct payments to parents are quite generous (http://www.humanservices.gov.au/customer/enablers/centrelink/family-tax-benefit-part-a-part-b/ftb-a-payment-rates http://www.humanservices.gov.au/customer/enablers/centrelink...) to the point that my effective income tax rate is negligible.
Quite apart from Australia's universal Medicare, supplementary private health insurance is quite reasonable (e.g., I pay $320/month for a family of five, regardless of my employment status) so I have none of the concerns about affording healthcare that I did when we lived in the US.
- vithlani 11y agoIt is not good at all if you are earning above an ever decreasing threshold -- which is the govt's way of clawing even more from you. In that case you get no FTB. The supplementary private health insurance is good for hospital cover but not for things like dental -- god forbid your kid should need any braces, etc.