Do we have Ivanka to thank for this? For once, it seems like families might have been taken into account in one of President Donald Trump’s proposed policies. So, really, how much will child care cost under Trump’s tax plan? Is there actually a tax cut for families with little ones?
Huge disclaimer: The details of the cut really aren’t at all ironed out yet. If you’re looking for a final amount, one doesn’t exist yet; Things are purely speculative at this point. But these ideas are definitely grounded in fact, as a briefing on the proposed plan shared, back in April, that “families in this country will also benefit from tax relief to help them with child and dependent care expenses.” Regardless, we’re on the right track.