Larry Lokken (Florida) sent in this comment about Giving Day-Care Cash to Stay-at-Home Parents Sounds Like Politics to Some Canadians in the Wall Street Journal:
An interesting article on page A2 of the WSJ, on a child allowance (purportedly a child-care allowance) proposed in Canada. Although the allowance would be paid in cash, not thru the tax system, there is an interesting tax wrinkle: The allowance would be taxed at the rate applicable to the spouse with the lower income, which would typically be zero for stay-at-home moms.
