I think it would be great if childcare was subsidized (more). However, I don’t think this article is accurate. My child goes to daycare 5 days a week for 8 hrs a day and it costs almost exactly half of my mortgage payment which includes the home loan, property taxes, and homeowner’s insurance. And we get back a few thousand dollars in tax benefits each year ($1200 just from the FSA reducing my taxable income).
I think it would be great if childcare was subsidized (more). However, I don’t think this article is accurate. My child goes to daycare 5 days a week for 8 hrs a day and it costs almost exactly half of my mortgage payment which includes the home loan, property taxes, and homeowner’s insurance. And we get back a few thousand dollars in tax benefits each year ($1200 just from the FSA reducing my taxable income).