The Republicans' new 9-page tax reform framework relies mainly on general statements about reform goals, but it does include a specific proposal for a tax credit for caregivers.
The framework drafters would offer "a non-refundable credit of $500 for non-child dependents, to help defray the cost of caring for other dependents," according to the framework text.
A copy of the framework text is available here.
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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.
