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re: Vance's solution to the rising cost of child care...

Posted on 9/5/24 at 10:39 am to
Posted by Dawgfanman
Member since Jun 2015
25881 posts
Posted on 9/5/24 at 10:39 am to
quote:

Capping Childcare Costs: One of Harris' major proposals is to cap childcare costs for families, ensuring that no family pays more than 7% of their income on childcare. This would significantly reduce the financial burden on families, making it easier for them to afford care.


So take money from others to subsidize your and other families….

quote:

Universal Pre-K: Harris has supported universal pre-kindergarten education, which would provide free early childhood education for all 3- and 4-year-olds. This policy would help alleviate childcare costs by providing public education options for young children.


More govt regulation. Driving up the cost of private pre-k and increase taxes and/or govt debt, more subsidizing of your life by others.

quote:

Tax Credits for Childcare: Harris has supported expanding tax credits for childcare costs, including increasing the Child and Dependent Care Tax Credit. This would help families offset the high costs of childcare by reducing their overall tax burden.


All for this as long as they are not “refundable credits” or if they are, don’t include income limitations.
Posted by CleverUserName
Member since Oct 2016
16220 posts
Posted on 9/5/24 at 10:39 am to
quote:

Oh I gotcha he wants less trained people watching our kids with less regulation making them less safe at daycare, more prone to abuse and neglect.


Less trained people? If you can stand to your feet twice an hour, can do without a cigarette for 15 minutes at a time, and are breathing, you can work at a daycare. There is no “training”. These people aren’t registered nurses or anything.
Posted by Great Plains Drifter
Flyover, U.S.A.
Member since Jul 2019
8684 posts
Posted on 9/5/24 at 10:39 am to
“If you’re not looking to government to help address all needs you are out of touch with reality.”

That more or less what you’re getting at here OP?
Posted by Alt26
Member since Mar 2010
34099 posts
Posted on 9/5/24 at 10:40 am to
quote:

Capping Childcare Costs: One of Harris' major proposals is to cap childcare costs for families, ensuring that no family pays more than 7% of their income on childcare. This would significantly reduce the financial burden on families, making it easier for them to afford care.


How does this work in practice?

Family A makes $100k per year in total income. That means they can pay no more than $7,000 per year for child care.

Family B makes $50k per year in total income. That means they only have to pay $3,500 for the EXACT SAME CARE?

What if that family has 3 children? That amounts to $1,166 per child. Presumably there is greater expense required to take care of 3 children as opposed to just one. How is quality care going to be provided if you are asking the business to increase it's expenses without a commiserate increase in revenue?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465829 posts
Posted on 9/5/24 at 10:41 am to
quote:

So take money from others to subsidize your and other families….

Sounds like Trump's tariff plan

Note: I don't support either redistribution effort.
Posted by CleverUserName
Member since Oct 2016
16220 posts
Posted on 9/5/24 at 10:41 am to
quote:

Capping Childcare Costs: One of Harris' major proposals is to cap childcare costs for families, ensuring that no family pays more than 7% of their income on childcare. This would significantly reduce the financial burden on families, making it easier for them to afford care. Universal Pre-K: Harris has supported universal pre-kindergarten education, which would provide free early childhood education for all 3- and 4-year-olds. This policy would help alleviate childcare costs by providing public education options for young children. Tax Credits for Childcare: Harris has supported expanding tax credits for childcare costs, including increasing the Child and Dependent Care Tax Credit. This would help families offset the high costs of childcare by reducing their overall tax burden.



So it’s a yes. Print more money. Hand more money out. More entitlements. More spending.
Posted by Dawgfanman
Member since Jun 2015
25881 posts
Posted on 9/5/24 at 10:41 am to
quote:

That's where the high paying jobs are


People with high paying jobs won’t qualify for the Harris campaign childcare schemes nor do they need help with childcare costs
Posted by NineLineBind
LA....no, the other one
Member since May 2020
8410 posts
Posted on 9/5/24 at 10:42 am to
He’s talking about supply and demand essentially.

The first part of the answer is reduce demand for daycare centers a bit. The second part is about increasing supply by cutting some of the red tape associated with starting a daycare.
Posted by Dawgfanman
Member since Jun 2015
25881 posts
Posted on 9/5/24 at 10:42 am to
quote:

Sounds like Trump's tariff plan Note: I don't support either redistribution effort.


You simply defend one and critique the other..
Posted by Maytheporkbewithyou
Member since Aug 2016
13873 posts
Posted on 9/5/24 at 10:43 am to
quote:

What’s reality? Printing more money, more hand outs and more inflation?


Yes...for the idiots that want daddy government to be involved in every aspect of their lives.
Posted by deathvalleytiger10
Member since Sep 2009
9035 posts
Posted on 9/5/24 at 10:43 am to
quote:

This would help families offset the high costs of childcare by reducing their overall tax burden.



Families eligible for the tax credits likely don't pay taxes in the first place.
Posted by Hooligan's Ghost
Member since Jul 2013
5673 posts
Posted on 9/5/24 at 10:43 am to
we don't want a populace that is self-reliant

eckspecially don't want a government that encourages that

our forbearers would be ashamed
Posted by Dawgfanman
Member since Jun 2015
25881 posts
Posted on 9/5/24 at 10:43 am to
quote:

What if that family has 3 children? That amounts to $1,166 per child. Presumably there is greater expense required to take care of 3 children as opposed to just one. How is quality care going to be provided if you are asking the business to increase it's expenses without a commiserate increase in revenue?


The govt will pay the difference.
Posted by Friscodog
Frisco, TX
Member since Jul 2009
4922 posts
Posted on 9/5/24 at 10:43 am to
What's wrong with this approach? At least Grandma and Grandpa have a personal stake in this.

Would your approach be like student loans forgiveness? People who did not attend college has to pay for those who did? So people who choose to not have children have to pay for those who did?

Posted by DMAN1968
Member since Apr 2019
12586 posts
Posted on 9/5/24 at 10:43 am to
quote:

Capping Childcare Costs: One of Harris' major proposals is to cap childcare costs for families, ensuring that no family pays more than 7% of their income on childcare. This would significantly reduce the financial burden on families, making it easier for them to afford care.

And who will pay for the overage?

Taxpayers?

My kids are grown and I help watch the grandkids when able but I don't want to pay for YOUR kids daycare.
Posted by LegalEazyE
Madison, Wisconsin
Member since Nov 2023
6292 posts
Posted on 9/5/24 at 10:44 am to
quote:

You are supporting someone who is selling bibles with his name on them and digital trading cards. The grift can't get any lower over there.


Well, he doesn't have FTX and military industrial complex money laundering to fund his campaign and pay millions in legal costs associated with a myriad of politically motivated frivolous lawsuits filed to stifle his campaign for Presidency. He's also a good businessman. The bigger grifters are the Bidens and establishment politicians that bilk tax payers for billions to line their own pockets with the returns.

Posted by TDTOM
Member since Jan 2021
24600 posts
Posted on 9/5/24 at 10:44 am to
quote:

What's wrong with this approach?


The OP doesn't get free shite.
Posted by LegalEazyE
Madison, Wisconsin
Member since Nov 2023
6292 posts
Posted on 9/5/24 at 10:45 am to
quote:


Oh I gotcha he wants less trained people watching our kids with less regulation making them less safe at daycare, more prone to abuse and neglect.


Do you support DEI hiring? If so, you're concerns here are null and void. Try again.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465829 posts
Posted on 9/5/24 at 10:45 am to
quote:

People with high paying jobs won’t qualify for the Harris campaign childcare schemes nor do they need help with childcare costs

That comment is really relevant since I didn't respond to or discuss anything related to the Harris childcare schemes
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465829 posts
Posted on 9/5/24 at 10:45 am to
quote:

You simply defend one

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