The tax code is not because of the 1%, it is because accountants are some of the largest contributors to both parties.
I truly am not that worried about the kiddie tax, after all, I’ve been impliedly been paying it for the last several years without knowing it; I’m just interested in this as a thought exercise and on the mechanics on filing. And I’m also learning that kiddie tax won’t ever apply to the portion of my D’s income that is earned, which I didn’t realize up to now. That might have been a tough conversation with my D!–why her earnings were taxed at my 28% rate.
I assume that the long term capital gain portion of her unearned income would have been subject to a 0% rate, and now it will be subject to my LT capital gain rate of 15% and that’s probably the biggest hit to her. But I realize that that is the exact kind of transfer of wealth that the Congress was trying to subject to tax, so I can live with it.