Las Vegas Review-Journal

Mark Shriver Kris Perry

-

In nearly half the states across the country, including here in Nevada, child care is more expensive than in-state college tuition, meaning high-quality care is out of reach for many families. That’s especially the case for those living in poverty.

Tax reform now presents an opportunit­y to lend these families, and millions of American children, a helping hand.

The average cost of child care in the United States for a family with a toddler and an infant is $18,000 per year. That amount increases every year, and for Nevadans living near or below the poverty line it represents an insurmount­able financial obstacle with broad reverberat­ions across our nation’s workforce. According to Care.com’s recent Cost of Care Survey, two-thirds of working parents said child care worries have influenced their careers. And 75 percent of parents say their job has been affected when child care plans have fallen through.

We must do more to assist low- and middle-income families in affording high-quality care for their children and ensure they are equipped to rejoin the workforce if they so desire. High-quality child care can transform kids’ lives by preparing them to start school ready to learn and by spurring higher graduation rates. Helping families pay for it more easily should be a no-brainer.

As Congress continues to debate tax reform, we applaud Sen. Dean Heller, R-nev., for his leadership on the Providing Affordable Childcare for Everyone Act, bipartisan legislatio­n that changes the tax code to benefit kids and families, and urge Congress to include the bill in tax reform legislatio­n lawmakers are considerin­g.

The PACE Act would increase the value of the Child and Dependent Care Tax Credit and make it fully refundable, directly benefiting low-income working families who face the biggest challenges in paying for the increasing cost of care for their kids.

Unlike the current law, this would allow low-income working parents to receive the same scale of financial benefit for child care as middle- and upper-income families. Further, indexing the credit to inflation will ensure the child care tax credit keeps up with rising costs of care for decades to come.

The bill was authored by Republican Sen. Richard Burr of North Carolina and Sen. Angus King of Maine, an Independen­t

Newspapers in English

Newspapers from United States