Ivanka Trump Dreamed up a $500 Billion Child-Care Plan for Rich, Dual-Income Families

She pitched the plan to Congress, who is unlikely to favor a plan that costs half a trillion dollars.

Ivanka Trump visited members of the House and Senate last week to pitch a child-care plan that could cost as much as $500 billion over the next decade, according to Bloomberg. (That's half a trillion dollars.)

Trump has pushed President Trump to offer child-care benefits in the form of tax breaks that would favor dual-income families and to require employers to provide paid maternity leave. (She has yet to make the case for leave for gay and adoptive parents to her father, who purports to support gay rights, but just this week rescinded Title IX guidance on the rights of transgender students.) But while President Trump has promised an imminent tax overhaul, he's made no mention of the issues for which she advocates.

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Bloomberg explains it's not only the president whom Ivanka Trump will have to win over. The Republican-led Congress is unlikely to push for such an expensive plan. And Democrats aren't going to be thrilled that her proposal would favor wealthier, dual-income families, who are already paying taxes and would therefore benefit from a tax deduction.

Trump's latest plan, similar to the one she pitched in September 2016, would offer individuals earning under $250,000 a year or couples earning under $500,000 a year to deduct the cost of child care from their income taxes. It would seem to do much less for lower-income families who aren't making enough money to pay heavy taxes, many of whom are finding child-care costs so prohibitive that they can't afford to stay in the job market.

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