I think it would be much better to provide a one year paid stipend so that a parent can be home with the children during their tender years.
This entire structure is set up to keep the boss happy while a stranger raises your child during their most formative and vulnerable years.
It's extremely sad, but a consistent finding in early childhood education is that the children who thrive most in daycares tend to come from the least advantaged backgrounds.
So a policy of paying parents to stay home would mostly benefit kids who are already well off.
Those poor kids have learning deficits. The "well-off" kids often have morality deficits.
A mom or dad raising them properly might help them more than being Student #642 in a government childcare facility.
This isn't an argument against childcare. My children attended preschool for 3 years before Kindergarten. But I'd rather that people got equal support to have a stay-at-home parent so that people can choose.