alt Hacker NewsThat sounds like a good way to keep moms out of the workforce.
I know a lot of couples who feel like the wife's job is a hobby, because after taxes it barely covers childcare (especially if you also value spending time with your kids).
Free childcare could free those households up to decide which parent(s) work when. Instead, by capping it below a common dual income, it incentivizes the least earning parent to continue to stay out of the workforce.
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While I too disagree with the cap I think you are a bit blinded by working in tech. A lot of double income households do not reach 230k.
I don't follow. Wouldn't the high cost of childcare make couples less likely to have 2 incomes, because the lower-earning spouse is working for lower marginal pay, just to pay someone ELSE to provide child care?
You framed this issue in a certain way, but your position could be described as „lower earning families need to pay for childcare, so higher earning families keep producing two incomes”. Not so attractive anymore.
So basically a return to what was the norm from ~300,000 years ago until 1975?
Sound the alarms.
> I know a lot of couples who feel like the wife's job is a hobby, because after taxes it barely covers childcare (especially if you also value spending time with your kids).
When described that way ... aren't they right about the wife's job?
The subheading says "Officials to offer 50% subsidy up to $310,000" which hopefully addresses your point there.
That's some convoluted logic. The data shows the opposite. Free/cheap childcare significantly increases the number of parents who work.
https://childcarecanada.org/documents/child-care-news/11/06/...