3 ms·
Unless it were huge, and scaled with income, it really wouldn't change things for the educated. Educated people earning 6 figures and getting taxed 5 figures ar
by burfog 10y ago
Unless it were huge, and scaled with income, it really wouldn't change things for the educated. Educated people earning 6 figures and getting taxed 5 figures are too smart to get excited about a 4-figure payment for roughly 22 years of supporting a child to a high standard.
Ignoring interest and inflation, a lump sum of $8800 to cover 22 years is only $400 per year. That's pocket change for the educated. Make it a $million to be serious.