Former President Donald Trump has vowed to provide unpaid family caregivers of sick loved ones with tax credit incentives for them to ease their financial burdens.
According to a recent report from the National Alliance for Caregiving and the American Association of Retired Persons (AARP) study, there were 53 million unpaid family caregivers in the U.S. in 2020, a sharp increase from 43.5 million in 2015.
“Family caregivers are the backbone of our country’s long-term care system, but they are overwhelmed, exhausted and financially strained,” Nancy A. LeaMond, AARP executive vice president and chief advocacy & engagement officer, said in a press release earlier this year. “We urge Congress to pass this legislation in 2024 to help provide relief and put money back in the pockets of caregivers.” (Related: Donald Trump: Kamala Harris would “decimate” Social Security and Medicare if she wins.)
In line with this, Trump announced his plan in a campaign rally on Sunday, Oct. 27 in Madison Square Garden to support a tax credit incentive that would benefit those who care for elderly or ill family members.
“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. It’s about time that they were recognized, right?” Trump said. “They add so much to our country and are never spoken of – ever, ever, ever – but they’re going to be spoken of now. Thank you all very much.” […]
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