Child credit is a testy topic in US. Why is it beloved in Germany?
President Joe Biden’s one-year expansion of tax credit to American families to around $250-300 a month per child has shone an analytical light on Germany, Australia, Canada, and about 100 other countries that provide some kind of universal child benefit. Germans have long enjoyed the world’s largest child benefit, called Kindergeld or “children money.” Both left and right approved of it when it was rolled out decades ago, and today the policy is too beloved to touch. Why We Wrote This Kindergeld payments illuminate the values of the country’s social democratic fabric. What Kinderg...
Source: csmonitor.com