Speaking of Tax Fairness...

ceo_pte

ceo_pte

New Member
Originally posted by IM4Change
Well alternatives to daycare and getting daycare subtracted from your income are two difference animals. Daycare is really only a minor set back, you don't pay it out forever, just until they are old enough to either go to school full time or until they are old enough to stay home alone for a half an hour or hour after school. Personally, I would not give up my retirement, sense of security in my job or benefits to do it. Not that I don't think that those who do it are not fantastic, just personally, it isn't for me. I think that even though I work full-time, I can still teach my children morals and values and that maybe, they will not, you know, partner swap, when they get older or be so bias that they think women should be home raising kids and not view it as a joint responsibility.
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"Personally, I would not give up my retirement, sense of security in my job or benefits to do it. "..... that's a joke...security in your job? Benefits? Retirement?

Your husband doesn't work?
It is your choice, but you should think about the choices...
If someone else has your kids for 8-10 hours/day, you sleep for 6-8 hrs/day, and you are rushing them to get ready for daycare for 1 hr/day... That really doesn't leave much time for you to instill morals into them. I'm not condeming you, just daycare! Besides, after you pay 20K to daycare, your taxes, cost of commuting, some nice clothes so you look good for the boss, etc.... how much are you really bringing home? I don't want to know, but for most families it's pretty close to a break even.

As for the business deductions... The reason they give businesses incentives is so that the 97% of people that are not self-employed will have somewhere to work. Three percent of the population(excluding the gov.) have the businesses that everyone else works for...
 
B

Bruzilla

Guest
Originally posted by IM4Change
The way I see it, if you use your vehicle in the relm of your business, your allowed to deduct those cost from your income. If you use your cell phone in your job, your allowed to deduct those fees as well. So, if we allow expenses to be deducted on the theory that these expenses were incurred in order to maintain income or achieve income, how can daycare be looked as anything different? In order for the income level to be where it was, daycare had to be paid, an expense incurred in order to make the income.
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Following your theory, people have to eat to work, so they should get a food credit. And they need a place to live, so they should get a credit for that. And who can live without cable TV and electricity... Where do you draw the line?
 
ylexot

ylexot

Super Genius
I don't know about you, but I have to wear reasonably nice clothes to work. Can I deduct the cost of my wardrobe from my taxes?
 
Skeptic

Skeptic

New Member
The world would be a much better place without all those snot-nosed over aggressive daycare raised brats in our schools. Where do you think the discipline problems and ADD epidemic are coming from? Nine times out of ten, the Ridalin kids didn't spent their formative years in a nurturing environment but in a kiddy warehouse. And the government should subsidize this???

They're your kids, your responsibility. Deep inside you know what they need to flourish and it's not something you can buy for $300 a week. You had the kids, now finish the job and raise them!
 
Hessian

Hessian

Well-Known Member
Flat Tax?

How's this for a commentary on the Flat Tax?

http://www.capmag.com/article.asp?ID=2612

I read somewhere that 42+ congressmen are now supporting it and by July 4th they are aiming for 100. Is the Income Tax heading for extinction?

I'm curious to see if we can radically change the way our ovt. gets its $$.

Where is that website sponsored by Flat tax people?
 
Toxick

Toxick

Splat
Originally posted by Skeptic
Where do you think the discipline problems and ADD epidemic are coming from? Nine times out of ten, the Ridalin kids didn't spent their formative years in a nurturing environment but in a kiddy warehouse.
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I'd be interested in seeing the source for your figures here.

I'd say that a 90% correlation between attention disorders and daycare would be something people would take notice of, and I'm shocked that it hasn't been blared from CNN and Fox and MSNBC and from the highest mountaintops.
 
Tonio

Tonio

Asperger's Poster Child
Originally posted by Toxick
I'd be interested in seeing the source for your figures here.

I'd say that a 90% correlation between attention disorders and daycare would be something people would take notice of, and I'm shocked that it hasn't been blared from CNN and Fox and MSNBC and from the highest mountaintops.
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Everyone seems to have a different theory about ADD/ADHD. I know one teacher who says it's because people don't discipline their kids. Some scientists blame food dyes like Red 5 and Yellow 5 in candy. Other people seem to believe it's sugar and especially "high fructose corn syrup," which apparently wreaks even more havoc with the body's insulin regulators than sugar.
 
vraiblonde

vraiblonde

Board Mommy
PREMO Member
Patron
Originally posted by Toxick
I'm shocked that it hasn't been blared from CNN and Fox and MSNBC and from the highest mountaintops.
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That's because it's not true. There's nothing going on at a daycare that doesn't go on at schools. In fact, kids are way better supervised at daycare. Skeptic could just as easily have said "snot-nosed over aggressive public school brats."

About child care credit: What about welfare-to-work mothers? Many times it's hard to get off the dole and get a job because, by the time you pay for child care, there's nothing left. Should they get some kind of credit or subsidy?
 
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