- Jul 30, 2019
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Biden vows tax credit will put '720 million women' back in workforce
Speaking at the Workers’ Presidential Summit in Philadelphia, the 2020 frontrunner mocked the idea of having a tax break for "a racehorse" and not one for having children.
"You get a tax break for a racehorse, why in God's name couldn't we provide an $8,000 tax credit for everybody who has childcare costs?" Biden told the crowd. "It would put 720 million women back in the workforce. It would increase the GDP, to sound like a wonk here, by about eight-tenths of one percent. It would grow the economy."
Speaking at the Workers’ Presidential Summit in Philadelphia, the 2020 frontrunner mocked the idea of having a tax break for "a racehorse" and not one for having children.
"You get a tax break for a racehorse, why in God's name couldn't we provide an $8,000 tax credit for everybody who has childcare costs?" Biden told the crowd. "It would put 720 million women back in the workforce. It would increase the GDP, to sound like a wonk here, by about eight-tenths of one percent. It would grow the economy."