My son was in daycare 7 years ago. The child tax credit went up that year and immediately the daycare rate went up too. It was was a wash.
This is kind of a dumb calculation. Maybe we’re weird, but 28k in childcare can be handled by letting it be more than 7% of our total expenditures.
I mean, we’d still love more help! Childcare is acutely expensive because it a) only affects a subset of the population for b) a small amount of their lives and c) requires high staffing ratios (~5 kids per career (who make far too little money for what they are entrusted with)) Want more kids as a society? Universal childcare to spread that expense around. Safe and walkable third places would be great too
Could also pay stay at home family members a living wage for the essential service they provide, like a stipend
