Do you agree with Trump's child care policy? | The Tylt

Do you agree with Trump's child care policy?

Donald Trump plans to rewrite the tax code to allow families to deduct childcare costs from their taxes. Up $1,200 in rebates will be provided to lower-income families to help offset the cost. Critics of the policy say Trump not only failed to give enough detail, but taking it at face value, the policy would benefit the wealthy more than it would the poor. 

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Do you agree with Trump's child care policy?
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Do you agree with Trump's child care policy?
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#TrumpsPlanWrong
#HelpWorkingFamilies

Tax deductions and $1,200 in cash sounds like a good deal.

#HelpWorkingFamilies

And Trump has now outlined child care reform on his website.

The issue is that this is a regressive tax. In other words: 

The less money a person makes, the higher percentage of their income they have to pay. Sales taxes are usually called regressive as poor people spend a higher percentage of their money, than rich people.
#TrumpsPlanWrong

The tax rebate sounds like a good idea. Even if your deductions exceed what you owe in taxes, you can see up to $1,200 a year in tax credits. But then that doesn't sound as good when childcare can cost between $3,582 to $18,773 a year, for an average of $11,666. Not only that, the money is given after tax season, not monthly, like when your bills are due. 

#TrumpsPlanWrong

Many working class families wouldn't be able to take advantage of the tax deductions because their taxes are too low. That's not to say it won't benefit the working class, but in this case, the more money you make, the more benefit you'll get. 

#TrumpsPlanWrong

The wealthy are also more likely to take full advantage of the tax breaks because they know their way around taxes. 

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FINAL RESULTS
Politics
Do you agree with Trump's child care policy?
A festive crown for the winner
#HelpWorkingFamilies
#TrumpsPlanWrong