Trump’s latest promised tax break is for family caregivers
CNN
In his latest targeted tax relief promise, former President Donald Trump said Sunday that he’d push for a tax credit for family caregivers.
In his latest targeted tax relief promise, former President Donald Trump said Sunday that he’d push for a tax credit for family caregivers. “I’m announcing a new policy today that I will support a tax credit for family caregivers who take care of a parent or a loved one,” Trump said during his rally at Madison Square Garden in New York City. “It’s about time that they were recognized, right? They add so much to our country and are never spoken of, ever, ever, ever, but they’re going to be spoken of now.” With just days left in this year’s election season, the former president did not provide any details about the credit – including who would be eligible, how large it would be and whether the cost would be covered. His campaign did not immediately respond to a request for additional information. Trump’s proposal, which targets an often financially stressed segment of Americans who are typically juggling careers, children and aging parents, comes a few weeks after Vice President Kamala Harris unveiled a measure to have Medicare cover home health care for the first time to provide relief for the so-called sandwich generation. Both campaigns have sought the label of being “family friendly” as they woo voters struggling with cost-of-living increases. Trump’s running mate, Ohio Sen. JD Vance, has said federal child care assistance measures should also support family members and informal caregivers, in addition to aiding child care centers. Also, in a section on caring for the elderly, the 2024 Republican Party platform calls for supporting “unpaid Family Caregivers through Tax Credits and reduced red tape,” as well as shifting “resources back to at-home Senior Care.”
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