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But I say no on both counts. Children put a greater burden on society, not less, so why subsidize it? If anything, there should be an extra tax to correct for the extra burden
And why should the taxpayer foot the bill for your childcare? If you can't afford the cost of children, then don't have any! Your neighbor shouldn't have to pay for your nanny.
Obama wants nothing more than just another tax giveaway. It would 3x the income limits up to 103k and increase the amount each family receives. At the 100k price point, it is not even an affordability issue anymore and becomes just another way to shift the tax burden to fewer people (the evil "rich"). Stop adding people to the wagon and start making more people pull it bit.ly/1lijnOd

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So as not to create confusion there is a separate child tax credit that is worth $1,000 per child. This can be taken concurrently with the dependent care credit.


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