cptlo
Pursuit Driver
Donald Trump, joined by Ivanka Trump, to outline child care policy
https://www.washingtonpost.com/news...by-ivanka-trump-to-outline-child-care-policy/
Typical liberal politician.
https://www.washingtonpost.com/news...by-ivanka-trump-to-outline-child-care-policy/
A campaign memo shared early Tuesday with The Washington Post shows that Trump’s plan “will rewrite the tax code to allow working parents to deduct from their income taxes child-care expenses for up to four children and elderly dependents.”
That deduction would be capped at the “average cost of care” in the state of residence, and it would not be available to individuals earning more than $250,000 or a couple earning more than $500,000.
Trump first mentioned allowing parents to “fully deduct” expenses last month when he announced his economic agenda in Detroit.
Also included in Tuesday’s speech: additional spending rebates through the Earned Income Tax Credit, expanded deduction opportunities for stay-at-home parents, and revised federal savings accounts to set aside funds for child development and educational needs.
Another policy proposal will be guaranteeing “six weeks of paid maternity leave” through an amendment of current unemployment insurance policies.
Typical liberal politician.