Hillary Clinton has borrowed a page from life and health insurers' playbook this month and proposed offering a tax credit of up to $1,200 for middle-income families that are caring for parents or grandparents, or for relatives with disabilities.
Clinton unveiled the tax credit Sunday, according to press reports.
She says in a summary on her campaign website that the tax credit could pay 20 percent of families' caregiving costs, up to a maximum of $6,000 in costs.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
