The way this is going, Trump is going to have to make Beyonce's song
To the Left his new campaign theme.
....But I digress, because whatever the benefit of expanding the child care credit, this plan goes off the rails pretty quickly.
Also included in Tuesday’s speech: additional spending rebates through the Earned Income Tax Credit, expanded deduction opportunities for stay-at-home parents, and revised federal savings accounts to set aside funds for child development and educational needs.
Let's call this what it is: welfare payments. If you qualify for the EITC, you are almost certainly already a) getting a refund and b) facing a federal tax liability that is net zero. And since the EITC is refundable, it mostly now consists of cash payments directly from the treasury to recipients. Expanding it is just basically saying "we're going to be giving some people flat out cash that we have confiscated in taxation from others." This is wealth redistribution, plain and simple........
http://www.redstate.com/leon_h_wolf/2016/09/13/trumps-child-care-plan-latest-cheap-joke-slapstick-comedy-2016/
