Donald Trump teases plan to tackle costs of child care

WASHINGTON (AP) — When Ivanka Trump introduced her father at last month's Republican convention, she described a tough-talking deal-maker who also worries about family leave, equal pay for women and the cost of child care.

Here's a deeper look at what Trump and his campaign have to say about an issue that is increasingly squeezing the finances of American families with children.

[...] exemptions would be limited to the average cost of child care in a taxpayer's state, so parents wouldn't be able to claim the full cost of such a high-price child care option.

A DEDUCTION AND NOT A CREDIT

Because Trump's plan is structured as a tax deduction, rather than a tax credit, it would primarily help more affluent households.

Families of four living at or below the federal poverty line of $24,000 spend 36 percent of their income on child care, said Katie Hamm of the liberal Center for American Progress.

Because it's a credit, those who pay nothing in tax still get that money.