Trump Unveils Child Care Program — It takes a village to win an election we suppose.
Ivanka Trump made the introduction to her father’s speech, tonight, Sept. 13, at the Aston Community Center in which he pitched radical new changes to the tax code to provide for care of children and dependent elderly.
The Donald had with him several congresswoman to emphasize the point, and gave credit to his daughter for plan.
And the plan will allow parents — including stay-at-home moms — to deduct from their income taxes child care expenses for up to four children and elderly dependents. It would also create new Dependent Care Savings Accounts (DCSAs) so that families can set aside extra money to foster their children’s development and offset elder care for their parents or adult dependents. It would also include regulatory reform to promote new family based and community based solutions, and also add incentives for employers to provide child care at the workplace. The money in these accounts could be used to pay for school choice and college education.
The plan would also guarantee six weeks of paid maternity leave by amending the existing unemployment insurance (UI) that companies are required to carry. The benefit would apply only when employers don’t offer paid maternity leave, and would be paid for by offsetting reductions in the program so that taxes are not raised.
Two thirds of the cost of this plan will offset by “the increases in economic activity that accompany pro-growth tax reform, better trade deals, regulatory and immigration reform, and unleashing American energy,” according to the campaign. The remaining one third will be offset by minor changes in the current trajectory of spending for federal agency operations, excluding Defense, Veterans, Social Security and Medicare.
It’s still more realistic than anything the Democrats are offering. There is no way we are not voting for him so we grinning and bearing.
And maybe it will work.
More details of the plan can be found here.