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From an individual perspective yes it makes sense, but from a societal one it seems harmful. It means that anyone who makes less than $100k/year - a lot of mone
by mindvirus 6y ago
From an individual perspective yes it makes sense, but from a societal one it seems harmful. It means that anyone who makes less than $100k/year - a lot of money - has financial incentive to either not have kids or to drop out of the work force. And given the wage gap, the people who drop out will disproportionately be women.
It also means that couples making more than that each end up with an even bigger advantage, since they can stay in the workforce and continue to grow their careers.
- RestlessMind 6y ago> but from a societal one it seems harmful Why? You can always subsidize childcare via taxes. You can see that happening in the rich countries with dwindling populations. It won't happen in the US yet because the population is still growing thanks to immigration and also due to the ideological opposition to any public spending by a major party.