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It’s a start! We pay north of $40k/year/kid for daycare/preschool. And only $5k in 2025 ($7500 2026) is pretax, regardless of how many kids.
Related, I think we really need to adopt a universal solution to benefits cliffs. Smooth/continuous functions aren’t rocket science…
People used to be “house poor”. Now there’s a group of “childcare poor”, where you just earn money to pay for childcare so you can have a job to earn money. It’s terrible.
I’m not one to give Lurie praise often. But this is a good start.
Want to up the birth rate? This is a great start.
230k in San Francisco is about 130k where I live. San Francisco is crazy expensive, but that’s like a comfortable middle class salary.
