Democratic presidential candidate Hillary Clinton wants to implement a new tax break for those caring for elderly or disabled family members. Speaking at a town hall meeting in Clinton, Iowa, she said she wanted a tax credit of up to $6,000 to balance caregiving costs to elderly or disabled family members.
"As baby boomers age, more and more families will need to provide care for or will need care from loved ones. Many family members, most often spouses and adult daughters, spend time out of the workforce, cut back on hours, or use personal days, vacation, and family time to provide needed care," said Clinton's campaign prior to the meeting, according to Politico.
"We need to recognize the value of the work that caregivers give to all of us, both those who are paid and the great number who are unpaid. The lost wages and the work that is sometimes given up are costing families - especially women, who make up the majority of both paid and unpaid caregivers," Clinton told the crowd of more than 400 people, reports LA Times.
"That will help family budgets stretch, it will help seniors maintain independence," Clinton added, according to Reuters.
Meanwhile, Republican National Committee spokesman Fred Brown said, "Hillary Clinton's solution to every pressing policy issue is to expand government and raise taxes, and this plan is no different as it will cost hardworking Americans billions," questioning the proposal, reports LA Times.
Clinton's tax proposals seemed "tentative half-steps that sound Republican-lite," to her leading primary rival, Sen. Bernie Sanders of Vermont, according to his spokesman, reports the LA Times.