Trump's "tax plan" not only gives billion-dollar breaks to the rich, it is designed to bankrupt SS and Medicare. Instead of child care deductions being taken from general taxes, they would be offset against payroll taxes. Yes, you read that right. Right now SS is solvent through 2034. Under Trump's plan it will be raided and become insolvent sooner.
Quote
if Trump’s new deduction were applied to payroll taxes — as distinct from personal income taxes. The New York Times recently reported that the deduction could offset up to one-half of a parent’s payroll taxes. If that were the case, the tax benefit would succeed in reaching millions of households in the zero bracket. Such a move, however, could have adverse ripple effects. Any large decline in payroll tax receipts would contribute to the funding crisis faced by those government programs which depend on such funding.
Forbes.


A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.

Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich