According to the aide, Clinton’s plans will “call for providing caregivers with added Social Security benefits, and reforming work-family policies to support paid and unpaid caregivers”.
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Clinton’s campaign, which has yet to outline a full tax plan, did not say how she intends to pay for the caregiving proposal.
She held a town hall meeting at Clinton Middle School.
Hillary Clinton has expressed a desire to impliment a tax break for caregivers. Clinton says there needs to be more financial support for people who are caregivers to elderly family members or people with disabilities.
The campaign says 40 million Americans are caring for older adults, and many don’t get any help from the tax code for the money they spend.
U.S. Democratic presidential hopeful Hillary Clinton on Sunday proposed a set of initiatives aimed at caregiving families and workers, including a tax credit to offset up to $6,000 in costs associated with caring for elderly and disabled family members and an expansion of Social Security benefits to individuals acting as unpaid caregivers for loved ones.
“Given the disappearing middle class and massive income and wealth inequality in America today, we clearly have to go a lot further than what Secretary Clinton proposes”, said campaign spokesman Michael Briggs, reeling off Sanders’ ideas on lifting the Social Security cap on taxable income and implementing paid family and medical leave.
Her previous proposals have included tax cuts for small businesses and middle class families.
Bernie Sanders has gained ten points on Hillary Clinton in the past month and has seen his own support grow by thirteen points in the latest ABC News/Washington Post poll.
Mr. Sanders’ proposal would replace the Affordable Care Act with a single-payer system in which the government, not private insurers, would pay for health care claims.
She also pledged to help with a host of other problems, including college and health care costs.
The presidential candidate proposal for tax breaks to caregivers involves a tax credit worth up to $1,200 for people caring for aging parents and grandparents. “Perhaps she reasons that as upset as the rank and file might be, they would be more upset if a Republican” wins the White House, said Christopher Preble of the Cato Institute in Washington.
Perhaps the most important shift for labor was Clinton’s decision to come out against the Trans-Pacific Partnership (TPP), a sweeping Pacific Rim trade deal that President Obama is trying to push through Congress.
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Clinton’s plan comes on the heels of a new study that examines three new long-term care insurance options and simulates their costs and distributional effects.
