alt Hacker NewsWe have 30 hours of free childcare in the UK (for nursery, schooling in older years is free) if both parents are working and neither earn more than £100k. It has the interesting impact that a salary of £99.9k is worth more to me than £130k, give or take some extra contributions to pension.
It’s interesting to me that the threshold is so much higher in San Francisco given that SF is only 8.7% more expensive than London, at least according to numbeo.
Maybe healthcare makes up some of that difference?
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ribosometronome • today at 7:55 AM
This is a whole family threshold rather than individual parent threshold, making the combined total lower.
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The £100k threshold is such an economically illiterate policy for society. The GPs and lawyers I know are working ~3 days a week to avoid it, so much economic output and taxes missed out on.