I agree with Ironhorse, we did something similar; it took a lot of work, planning and saving to get to the point where we felt comfortable with one of us staying home with our son for the first five years at least.
I would like the government and tax system to recognize that and reward that sort of behaviour rather than punish it. It should be a choice.
Refusing to give money back to parents and funneling it into an institutionalized childcare system not only discourages parents to make the choice of how they want to take care of their children, saying that it should be the only choice because there are some people that may not spend the money wisely is flawed.
If that's the case, why are we letting anyone have any of their own money? Why give income tax returns when people will just spend it on smokes, dirty movies and fatty foods!
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Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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