Quote:
Originally Posted by Travis Munroe
I do believe that those who need subsidized daycare should get it. I don't believe that those who prefer subsidized daycare should get it.
Where the need and prefer line is drawn, I don't know but I certainly don't believe a household income of $100,000 needs subsidized daycare.
And again, lets not pretend that the savings on daycare are complete savings. This isn't coming from the magical money tree... the government will recover some of this in a more discrete fashion.
Let's also not argue that someone who needs subsidizing of daycare is in a position to take that new savings and pump it into private business to spur economic growth. If someone is about to go pump hundreds of dollars into private business more than they used to over subsidized daycare, I would call that an incredibly flawed system that is not helping those who truly need help.
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Nobody
needs subsidised daycare.
But I’m sure it is very nice to have, and whether that money helps someone get by, or helps them pump more money into the economy, those both seem like wins.
And nobody thinks this stuff comes from “the magical money tree.” I think everyone who has a basic level of understanding regarding government money knows what tax revenue is.
But what to you is the cutoff? Who needs subsidised daycare? Who doesn’t? Being that daycare costs are not currently standardised, how do you then standardise the income level that gains the right to it? Should a 3 person family spending $1200 on rent in a condo with a household income of $90K get it, while a 5 person family spending $2000 on a mortgage not even if they just make 10K more?
“Need,” under your terms, is entirely subjective and frankly hard to measure with any accuracy. And chances are, if you put a wage cut off, you’ll just make it more likely for people near the bracket to weigh their options and have one person stay home. Say you’ve got one individual making $80K, and another who stays at home watching their kid. Put a cap at 100k, and that person is not going back to work.
This worse when it both helps those in need, and encourages that money and that time to be put back into society. Your solution just doesn’t accomplish that.