Posted on 07/21/2020 7:53:53 AM PDT by SeekAndFind
Presumptive Democratic presidential nominee Joe Biden will unveil a sweeping proposal Tuesday to help families pay for child care for children 4 and under, in-home elder care for aging parents, and long-term care for the disabled. The plan, estimated to cost $775 billion over 10 years, would also fund 150,000 public health care worker jobs. "If we truly want to reward work in this country, we have to ease the financial burden of care that families are carrying, and we have to elevate the compensation, benefits, training, and education opportunities for certification, and dignity of caregiving workers and educators," Biden's campaign said.
Biden's "21st Century Caregiving and Education Workforce" plan follows major proposals on green energy and Buy American economics. It would provide universal child care to 3- and 4-year-olds, fund new child care centers, work to clear the backlog of in-home elder and disabled care requests, and help caregivers get better pay and education, among other planks.
Biden's campaign said only that the proposal "will be paid for by rolling back unproductive and unequal tax breaks for real estate investors with incomes over $400,000 and taking steps to increase tax compliance for high-income earners." A senior campaign official told Bloomberg News that Biden's administration would specifically target "like-kind exchanges," which let investors defer taxes by reinvesting commercial real estate sales in another property, and also stop investors from using real estate losses to slash their income tax bills.
(Excerpt) Read more at news.yahoo.com ...
For tax purposes you will be, bank on it.
So now we will be spending 2 trillion a year in imaginary money as the new normal. Every day we get one day closer to the bottom dropping out - and it will drop out.
Maybe Gold is a good idea.
TAX. POLITICIANS. FIRST.
It’s easy to spend someone ELSE’s money.
Biden will formally unveil the caregiving proposal Tuesday afternoon in New Castle, Del. But his campaign advisors previewed several components Monday.In addition to creating free universal preschool, Biden would offer low- and middle-income families up to $8,000 in tax credits to help pay for child care and would have the federal government partially subsidize the cost of child care for some low-income and middle-class families. He would create a new tax credit to nudge businesses to build day-care centers on site, and would expand access to supervision programs during non-school hours.
Biden’s plan would also increase pay and benefits for early-childhood instructors to make them commensurate with those of elementary school teachers, and it would encourage collective bargaining and unionization.
Biden’s plan would add 150,000 community healthcare workers in the nation’s neediest communities and create a Public Health Jobs Corps of another 100,000. Some 35,000 workers would be trained to target the opioid crisis and drug abuse.
Socialized child care. What could go wrong?
SEIU boondoggle.
We should pay for it by SIEZING THE ASSETS of Every Congress Critter who’s net worth grew by more than 8% in ANY YEAR, Every NICKEL OVER.
Actually large Corporations have to Supply the IRS with an o0ffice and the agents are there Full time, if you are in food processing business you have to provide an office for the inspectors.
Anything about the feds taking over local zoning and mandating building “affordable” aka high rise projects in the suburbs and rural areas?
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