Income cliffs, even phased, are generally stupid. See Britain's 100k cliff for free childcare. If both parents make 99k, you get it. If one earns 101k and the other earns zero, you don't get it. The workaround (pension stuffing) is widely known and actually means the govt comes off worse than if they'd just given the childcare away. There are all kinds of other perverse effects like people turning down promotions or…
San Francisco to offer free childcare to people making up to $230k
51–60 of 151 posts
Re: San Francisco to offer free childcare to people making up to $230k
#52Income cliffs, even phased, are generally stupid. See Britain's 100k cliff for free childcare. If both parents make 99k, you get it. If one earns 101k and the other earns zero, you don't get it. The workaround (pension stuffing) is widely known and actually means the govt comes off worse than if they'd just given the childcare away. There are all kinds of other perverse effects like people turning down promotions or…
Re: San Francisco to offer free childcare to people making up to $230k
#53Income cliffs, even phased, are generally stupid. See Britain's 100k cliff for free childcare. If both parents make 99k, you get it. If one earns 101k and the other earns zero, you don't get it. The workaround (pension stuffing) is widely known and actually means the govt comes off worse than if they'd just given the childcare away. There are all kinds of other perverse effects like people turning down promotions or…
I suspect that the policy is popular with the 90% of voters in the UK who earn less than £80k and that politicians are not very concerned with the ambitions of the rest of us (frustrating as that is when paying London rent).
Re: San Francisco to offer free childcare to people making up to $230k
#54We have 30 hours of free childcare in the UK (for nursery, schooling in older years is free) if both parents are working and neither earn more than £100k. It has the interesting impact that a salary of £99.9k is worth more to me than £130k, give or take some extra contributions to pension. It’s interesting to me that the threshold is so much higher in San Francisco given that SF is only 8.7% more expensive than Londo…
Re: San Francisco to offer free childcare to people making up to $230k
#55Here we have an aging population, so grandparent/grandchild ratio should be very high.
Re: San Francisco to offer free childcare to people making up to $230k
#56Earlier quoted context omitted.
> Are they gonna shuttle the kids in and out of the city in order to provide said childcare? The city itself is tiny, this is not the metropolitan area of San Francisco, its just the city limits, so yeah people in suburbs will commute into the city to work there, just like most other people working in San Francisco.
There's also great (by American standards) public transit into/through the city. Caltrain and BART can get you into SF quickly from quite a large area nearby.
Re: San Francisco to offer free childcare to people making up to $230k
#57In a lot of 3rd world and less well off countries, childcare is done by the grandparents(mostly grandmothers), I'm always surprised why this isn't true in the west. Here we have an aging population, so grandparent/grandchild ratio should be very high.
Re: San Francisco to offer free childcare to people making up to $230k
#58Income cliffs, even phased, are generally stupid. See Britain's 100k cliff for free childcare. If both parents make 99k, you get it. If one earns 101k and the other earns zero, you don't get it. The workaround (pension stuffing) is widely known and actually means the govt comes off worse than if they'd just given the childcare away. There are all kinds of other perverse effects like people turning down promotions or…
I am also confused by cliffs. Maybe someone more knowledgeable than me could explain why you would ever want them for something like this instead of just having higher progressive tax rates for well off people to make up for it. Naively I would think that that’s significantly easier from and administrative point of view too.
And in general, increasing taxes is not easy, and the richer people are, the more able they are to fight against it. So we often create regressive tax regimes despite knowing they aren't very good systems.
Re: San Francisco to offer free childcare to people making up to $230k
#59Income cliffs, even phased, are generally stupid. See Britain's 100k cliff for free childcare. If both parents make 99k, you get it. If one earns 101k and the other earns zero, you don't get it. The workaround (pension stuffing) is widely known and actually means the govt comes off worse than if they'd just given the childcare away. There are all kinds of other perverse effects like people turning down promotions or…
I am also confused by cliffs. Maybe someone more knowledgeable than me could explain why you would ever want them for something like this instead of just having higher progressive tax rates for well off people to make up for it. Naively I would think that that’s significantly easier from and administrative point of view too.
Re: San Francisco to offer free childcare to people making up to $230k
#60Earlier quoted context omitted.
So basically a return to what was the norm from ~300,000 years ago until 1975? Sound the alarms.
We also had slavery, no advanced medicine, no education for most people, and an average lifespan of about 30. Amazing how selective nostalgia can be. Letting the other 50% of the population make the same life choices is a good idea in my opinion.