I like the proposal because it attempts to look at a family s whole budget, said Elaine Maag, a principal research associate at the Urban-Brookings Tax Policy Center. So instead of saying child care is going to cost, you know, $10,000 a year or $2,000 a year, it says this share of your income should be dedicated to child care.
The proposal, which would be paid for by raising taxes on the wealthiest Americans, would also include funding for child-care providers to invest in the workforce, meaning a minimum $15 an hour wage for workers in the industry.
Why it would help
Many American families, especially those with lower incomes, spend large portions of their earnings on child care for children who are not yet in school, said Aaron Sojourner, an economist at the University of Minnesota.
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