New Tax law.
Introducing an 84 and 48 rule to our tax policy.
The 84 rule would grant incentives to anyone over the age of 18 who has a qualifying school aged child 4-17 years of age. An adult who works 8am-4pm (school time in most states) would not pay Federal Income taxes while their child is in school and their employer can deduct any payroll taxes paid from their business tax rate as a deduction.
This will help those parents who can’t afford a major child care expense by incentivize the full use of their time while their child is at school.
The 48 rule would be applied to 14-17 year olds who are still in school but want to have a job and make an income. The 48 rule means 4-8pm, 4-8 hours a day, allowing for one weekend (Friday/ Saturday) as a work day. States can set additional requirements but the federal guides for the child and for the employer will be the same as the 84 rule so long as it’s adhered.