But she also praised her approach to proposing help for people who take time off work to care for relatives.
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Dubbed the “the caregiving credit”, it will be the latest in a wide series of tax cuts, which Clinton is aiming to middle-class families to help boost their take-home pay.
During a town hall meeting and campaign stop in Iowa, the Democratic presidential candidate used the opportunity to roll out her plan for a new tax cut that would provide relief to caregivers who lose valuable income to care for a loved one.
“I want to expand Social Security by taking into account the often overlooked and undervalued work of family caregivers”, Clinton says.
Following Clinton’s opening remarks when she detailed her tax plans, guests at the town hall meeting were given an opportunity to share a few of their concerns with the presidential candidate.
Clinton added that the number of Americans needing long-term care is going to increase from a manageable figure of 12 million today to 27 million within the next three decades, reported Yahoo News.
Pledging to invest in the “caring economy”, Hillary Rodham Clinton proposed a new tax break Sunday for people caring for aging parents and grandparents.
Clinton’s narrow lead in Iowa is a reversal from a September YouGov/CBS News poll that found Bernie Sanders ahead by 10 points.
Here it is instructive to look at how each candidate’s own supporters view the rival candidate: while 52% of Clinton supporters in Iowa say Sanders would get it about right on Wall Street, 78% of Sanders supporters say Clinton would go “too easy” on Wall Street.
Clinton has also promised not to raise taxes on those making less than $250,000 – a pledge her opponents in the Democratic primary, Sen. “It will help seniors maintain independence”, Mrs. Clinton said. Last week, she put forward a tax credit for families and individuals facing major health care costs.
The cost of her plan would be $10 billion over 10 years, the campaign says. Thompson told the former secretary of state and US senator he sometimes takes his elderly mother with him to his part-time job because they can not otherwise afford reliable care.
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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. During her 2008 campaign for president, Clinton spoke at Clinton High School, touching on similar issues with slight differences. But, in answering a question about veterans’ health care, she accused conservatives of seeking to use the issue to privatize the system. Sanders spokesman Michael Briggs criticized Clinton’s tax proposals Sunday in a statement, calling them “tentative half-steps that sound Republican-lite”.
