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> A tax break only helps people who are paying enough in taxes for it to matter No, tax deductions help higher rate taxpayers more, but "tax breaks" is a more
by loeg 3y ago
> A tax break only helps people who are paying enough in taxes for it to matter
No, tax deductions help higher rate taxpayers more, but "tax breaks" is a more broad/relaxed term that includes tax credits. Tax credits benefit everyone who files taxes and meets the criteria for the credit.
> It would generally be better for the government to provide daycare
Eh, that is kind of a wholly different argument. In some ways the credit is obviously better (maybe it frees up one partner who wants to to stay-at-home parent), and it can be used more flexibly than a government-provided care program, even if you assume arguendo that the government program would be good and/or good value.
- acdha 3y agoIf you’re going to be that pedantic, be sure to specify that you mean refundable tax credits – and then perhaps acknowledge the second half of the compound statement you’re replying to.