The truth is our tax cut bill helps women throughout their lives at home and in the job market. The only people who think this tax relief bill is NOT good for women are those who don't think we can manage our own money. The child credit is money they desperately need to make ends meet. Money that can be used to pay for school clothes, groceries, or the unexpected expenses of raising kids we are all too familiar with.
Every mother knows that the cost of higher education is overwhelming.
Generally, it is the mother who attends PTA meetings, picks the kids up from school and helps with homework. That is why educational opportunities for their children are so important to women. Parents can divert the child care tax credit into tax-deferred IRAs which they can make withdrawals from for higher education. The fact is women live longer than men, and generally have less savings. Women should not be forced into choosing between shoes for their 8-year old daughter or saving for their retirement.