The
two presidential candidates may not be separated by much in the polls, but
they're miles apart when it comes to most policy issues. Yesterday, the Trump
campaign unveiled a pro-family revamp to the tax code that goes beyond any
policy initiative that we've seen in years. At a meeting outside Philadelphia
last night, Donald Trump proved that he understands the challenges of moms with
young children by unveiling a proposal that will give families the
flexibility they need to care for their own kids.
Spurred on by daughter Ivanka, a successful
businesswoman in her own right, Trump set out to show that he has a lot more to
offer than the competition in relieving at least some of the burdens parents
shoulder in providing for their children. Believe it or not, Ivanka points out
in a thoughtful op-ed in the Wall Street Journal,
almost two-thirds of moms with kids under the age of six are working outside
the home. "And the majority of these women," she explains, "work
in low-paying jobs without flexibility or benefits."
Her dad aims to change all of that, as he rolls
out a new tax proposal that doesn't just help moms who work outside the home
but their stay-at-home counterparts. For years, liberals have implied that moms who sacrifice and care for their
kids themselves are somehow less valuable than moms who work for pay. Donald Trump's plan raises an
important point: Why does the tax code have to take sides at all? Why not give
parents the ability to decide what's best for their own family? Government
doesn't know best -- and it certainly doesn't do best when it comes to children. As far
as the Trumps are concerned, the child care system is "too expensive, too
outdated, and too inaccessible."
Fleshing out some ideas that he's mentioned
along the trail, the GOP
nominee would rewrite the tax code, giving parents the chance to deduct
child-care costs for as many as four kids "up to an amount equal to the
average cost of care in their states." Right now, the IRS caps the $3,000
per child tax credit at two children. Based on this new metric, a lot of
families would be able to fully deduct the cost of child care from their taxes.
Other business expenses
are tax deductible, Ivanka argues. Why isn't child care?
The plan
would also create a new Dependent Care Savings Account (DCSA), so that families
can set aside money to help with everything from medical expenses to education. Those accounts are available through some
employers now, but a Trump presidency would ensure that everyone has access
whether their company offered it or not. In a big change from the current system, Trump's proposal
also lets elderly parents take advantage of the accounts and -- much to
families' delight -- rolls over the funds into the next year if they aren't
used (unlike the current use-it-or-lose-it approach).
But for all of these improvements, the most encouraging
part of the proposal may be the part no one is talking about! In a subtle, but significant,
nod to pro-lifers, the campaign isn't just opening up these DCSAs to born
children -- but unborn children. That means moms and
dads-to-be can use the money for baby-proofing the house, buying diapers and
car seats, or whatever expenses crop up before their new addition comes home.
It's a small but powerful reminder that every child matters.
And that's not all. The plan calls for six weeks of fully-funded maternity
leave (without raising taxes on Americans to pay for it) and incentivizes employers to
open their own child care facilities on site. The Obama economy and
Clinton agenda have made it very difficult for parents, both for their finances
and their ability to start and raise a family. In a world where nations like
Italy are so desperate to raise the birth rate that they're sponsoring "Fertility Day,"
restructuring the tax code is the least America can do to encourage parents to
have -- and afford -- the kids they want. Flanked by congresswomen who
understand the challenges better than anyone, Trump reminded people that the family is the single greatest
engine for economic growth. Allowing parents to keep more of what they
earn to provide for their kids makes immediate and long-term sense. "This
is a family issue," Rep. Marsha Blackburn (R-Tenn.) told a cheering
audience. "We know men always want more money. What do women
want? More time... And we are thrilled," she went on, "to finally
have a president of the United States who is going to put focus on working with
women to make certain that you can achieve your American dream." The idea is
as simple as it is effective: Empower families to thrive, and America will thrive.
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