> Mommy Tax is the price women in the workforce pay to have children
Mommy Tax is the price women in the workforce pay to have children
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What is the Mommy Tax?
It’s the concept that women in the workforce pay a price to have children. Studies show women with children make less money than women without children. They have fewer job opportunities and higher child care costs.
According to online parenting site Motherly, 18% of moms switched jobs or left the workforce last year. 15% of them stayed home because of childcare issues. Another US study shows mothers face an average income loss of $8,000 annually, representing a decrease of about 51% compared to their earnings before having children.
These are all factors of the Mommy Tax.
FULL STORY: https://www.cbs8.com/article/life/parenting/mommy-tax-mothers-pay-career/509-e622fce3-b4c4-4ead-af66-4f8c6f18cde8