Sen. Elizabeth Warren, Ms. Massachusetts, admits that she greets her when she shows up at an event to start her official presidential campaign.
Elizabeth Warren, the senator of the Democratic Party of Massachusetts, is expected to announce a plan Tuesday to fund universal child care by using the proceeds of its property tax proposal. of the plan ̵
1; which will cover 12 million children – would mean that no family should spend more than seven percent of their household's total income, according to The Huffington Post, who first reported the announcement. The report states that their number is based on data from the Ministry of Health and Human Resources about what qualifies as an accessible kindergarten.
The plan is still under way, but sources said they expect it to cost around $ 700 billion. in new funding over 10 years, or four times more than what the federal government pays for these programs.
The Wall Street Journal reports that the average family pays $ 7200 a year for childcare.
A Democrat from Massachusetts, a presidential candidate in 2020, would use part of the proceeds of the proposed tax on the ultra-rich to fund the plan. Her plan requires a two percent household wealth tax over $ 50 million and another percentage on those over $ 1 billion. Take Warren's plan to create a federal program to ensure child care from birth to school entry. Families with incomes below 200% of the poverty line will get free access.
Her plan will provide compensation for childcare workers, and they will be compared to those of state teachers in their areas.
to this report