Economics and Taxes

Family Research Council maintains that a strong family is the foundation of a strong economy. The economic and social science data affirm this. The economy grows and stabilizes when men and women get married, stay married, worship weekly, and have children.

National tax policy should reflect our country’s commitment to the well-being of families. The principle of fairness applies to the tax treatment of the family: it should get the same deductions as business does in the tax code for similar investments in human capital. Further, per-child tax breaks are important in encouraging the birth of children not only for the solvency of Social Security and Medicare but also to ensure the well-formed workforce needed by modern economies. FRC also believes that the two-worker parent family should not be favored over the family with one parent at home raising the children.