Trying to show that he understands the plight of working families in America Trump’s camp has just said that he plans on announcing his plan to make having children less of an “economic disadvantage” to families. The plan, for now, is to allow us to deduct childcare expenses from our income taxes. Just like we already do.
The aide, who asked not to be identified, said on Sunday in outlining the plan: “We don’t want it to be an economic disadvantage to have children.” The aide said the campaign would have a more detailed childcare plan in the future.
As if knowing that Trump’s advisory committee on helping parents in America has no women (though they promise women soon, women with big names, the best women) and is made up of hedge fund managers and other rich white males isn’t enough, it is becoming so obvious that Trump has no idea what “working families” already have available to them, or why that isn’t working.
The irony? This “plan” to do what we are already doing is supposed to combat Hillary Clinton’s assertion that Trump is out of touch with what Americans need.
Yes, we already get a credit and can deduct childcare expenses in the USA, for work or job search. It seems that Donald Trump’s advisory group doesn’t know that. Perhaps that is because most of the people who are on his advisory committee have disposable income and can afford to pay for childcare should they need it (then a CPA handles all of their deductions — which they still get even though they can afford childcare).
In real life, the monthly expense of childcare is just too much for many families to afford, and waiting until tax return time isn’t really a feasible relief.
Hillary Clinton’s plan states no family should have to pay more than 10 percent of their income in childcare (something that would actually be useful to those of us making normal incomes). It also creates expanded programs for low-income families. Since 44 percent of American children live in low-income homes, this plan seems to really begin addressing huge problems for Americans.
According to Reuters:
Clinton has pledged that no family should pay more than 10 percent of its income on childcare. She has called for a tax cut to help middle-class parents cope with rising childcare costs and an expansion of a federally funded program that provides education and health services to low-income families with young children.
Donald Trump has promised to cut the corporate tax rate down to 15 percent, raising their profits in yet another expression of the failed “trickle down” economic plan. Trump’s tax plan has been scrubbed from his web page (cached version), for whatever reason, though you can find information on it here.
It seems his plan to help American families with children is literally to offer what we already get, that doesn’t cover the problem at all, in a pretty package.
Featured image via Scott Eisen/Getty Images