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Who benefits from president Trump's child care proposals?

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Author: 
Batchelder, Lily L.; Maag, Elaine; Huang, Chye-Ching; & Horton, Emily
Publication Date: 
28 Feb 2017
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ABSTRACT

During the presidential campaign, Donald Trump proposed three new tax benefits related to child care –an expanded credit for low-income families, a deduction for higher income families, and a savings account. These proposals bring attention to the burden child care costs can place on low-and middle-income families. Our analysis finds that about 70 percent of benefits go to families with at least $100,000 and 25 percent of benefits go to families with at least $200,000. Very few benefits go to the lowest income families who are likely to struggle most with paying for child care

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Entered Date: 
1 Mar 2017
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