Republican presidential nominee Donald Trump and his daughter Ivanka Trump will be rolling out a detailed childcare policy plan outside Philadelphia on Tuesday. The plan is designed to help middle and working class mothers better afford healthcare.
Ivanka, a mother of three, has said that “My father is prepared to chart a new course that promotes strong families and celebrates their individual needs; one that honors, respects and empowers both working and stay-at-home mothers and caregivers. Together, we will take a stand and enable the American family and the modern workforce to thrive.”
Trump’s plan focuses on using the tax code to help new parents to allow them to deduct both childcare expenses and elderly dependent expenses for up to four total dependents from their income taxes.
The plan would also create Dependent Care Savings Accounts (DCSAs) which allow for people to set aside extra money to pay for both childcare and for care of elderly dependents.
One of the final parts of the plan that is sure to be supported by many mothers is six weeks of government-guaranteed paid maternity leave to all working women when their companies don’t offer paid maternity leave.
Posted on Donald Trump’s Official Website is an outline of an article that Ivanka wrote for The Wall Street Journal. The article highlights the main points and benefits of Trump’s plan.
My father, in his campaign for president, has proposed a plan to bring federal policies in line with the needs of today’s working parents.
Part one is a rewrite of the tax code, allowing working parents to deduct from their income taxes child care expenses for up to four children, as well as for elderly dependents. This will be capped at the average cost of child care in each family’s state, and the wealthiest individuals will not be eligible for the deduction. The benefit is structured to ensure that working- and middle-class families see the largest reductions in their taxable incomes.Advertisement - story continues below...
The plan’s second part is the establishment of Dependent Care Savings Accounts, created to aid families in setting aside extra money to foster their children’s development and offset elder care for adult dependents.
The third part of the plan will address the federal regulations that currently discourage informal child-care—such as a mom watching her own kids and a few others in her home. Arrangements such as these are not now given fair consideration by our federal bureaucracy, which is biased in favor of institutional care. We need to create a dynamic marketplace to offer solutions and give parents greater freedom of choice.
The fourth part of my father’s plan will add incentives for employers to provide child care at the workplace. Breakdowns in child-care networks cause employee absences that cost U.S. businesses billions each year. On-site child-care centers help resolve avoidable employee absenteeism, in addition to saving time and helping companies retain valued staff.
Finally, under the Trump plan, the federal government will guarantee, for the first time, six weeks of paid maternity leave. This will be done by amending the existing unemployment insurance that companies are required to carry. The enhancement will triple the average paid leave that new mothers receive, and it will do so without raising taxes.
At the heart of this policy is the belief that every parent should have the freedom to make the best decisions for his or her family. My father is prepared to chart a new course that promotes strong families and celebrates their individual needs; one that honors, respects and empowers both working and stay-at-home mothers and caregivers. Together, we will take a stand and enable the American family and the modern workforce to thrive.
What do you think ? Comment below !To get more good news like this one, check out and LIKE our Facebook page: SourcesNews