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Child Care-Taxes

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Tax Issues for Family Agenda - FY 2000 Budget 1. Child Care a. Expansion of DCTC 5.1 billece -mmisediate - significantly AMT AM imme kids - b. Business Tax Credit (Kohl proposal) 5 billion - 2. Stay-at-Home Options a. Expand DCTC to help stay-at-home parents $13 willion - similia Sbillic b. Expand Child Tax Credit for all families with children under 4 - under \ - double Phbillin c. Expand standard deduction for children Henry 3. Expansion of Home-Office Tax Deduction 4. Support for Flexible Work Hours -- Tax Credit for businesses that offer paid leave, flexible work schedules - including compressed work weeks, part-time with benefits, and the like.

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