That's correct.
My plan will also help reduce the cost of childcare by allowing parents to fully deduct the average cost of childcare spending from their taxes.
Being an average amount, it isn't itemized.
But yikes—look at the average cost of child care—this is a massive redistribution plan:
The average cost of center-based daycare in the United States is $11,666 per year ($972 a month), but prices range from $3,582 to $18,773 a year ($300 to $1,564 monthly), according to the National Association of Child Care Resource & Referral Agencies (NACCRRA).
And no, I don’t think doing it because Ivanka thinks it is important is any better than Jimmy Carter having taken foreign affairs advice from Amy.
1h1 hour ago
@juliaioffe @EliStokols
If it is, as it sounds, the Rubio plan, that is a massive transfer from lower to higher income families:
5m5 minutes ago