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We have 30 hours of free childcare in the UK (for nursery, schooling in older years is free) if both parents are working and neither earn more than £100k. It ha
by zingar 9mo ago
We have 30 hours of free childcare in the UK (for nursery, schooling in older years is free) if both parents are working and neither earn more than £100k. It has the interesting impact that a salary of £99.9k is worth more to me than £130k, give or take some extra contributions to pension.
It’s interesting to me that the threshold is so much higher in San Francisco given that SF is only 8.7% more expensive than London, at least according to numbeo.
Maybe healthcare makes up some of that difference?
- ribosometronome 9mo agoThis is a whole family threshold rather than individual parent threshold, making the combined total lower.
- zingar 9mo agoA combined threshold of £200k (or whatever this converts to) would be great for me in London since my partner earns roughly the median salary (which is a lot lower).
- hayd 9mo agoThe £100k threshold is such an economically illiterate policy for society. The GPs and lawyers I know are working ~3 days a week to avoid it, so much economic output and taxes missed out on.
- PunchTornado 9mo agoI reduced my hours at job, working only 4 days just to not hit it.
- fooker 9mo ago> Maybe healthcare makes up some of that difference? No, you’re missing the insane scale of Silicon Valley tech salaries. See levels.fyi and filter by 5 years of experience in San Francisco. If the city made the threshold 100k or 110k, I bet there would be zero children in the city born to parents making less than that.
- ajay-b 9mo agoI am pessimistic that the reason it is so high is because someone making $220k per year said "yea but what about me, I have to pay for childcare too..." The number should be significantly lower. Anyone making a combined $200k a year has other options and opportunities, the immigrant family making $60k combined does not. This feels like a policy designed to "help" the poor but also benefit the rich..