As child care costs soar, more parents may have to exit the workforce

Re:As child care costs soar, more parents may have to exit t... by wizerdrobe on Thursday November 02, 2023 @05:17AM (#38110870)

> Fundamentally, I believe the US either needs to subsidize childcare directly

We do this in America, although it’s through the back door in the form of generous tax credits. With two children we receive a fat tax refund every year. For those on the dole, solid increases in benefit allotments come for those with children.

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Re:As child care costs soar, more parents may have to exit t... by loeg on Thursday November 02, 2023 @11:14AM (#38114664)

Child tax credits ($2000/yr below the income phaseout) are an order of magnitude smaller than childcare costs. GP is talking about fully subsidizing childcare costs. And, uh, the income phaseout impacts it too.

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