Social Agenda's Caregiver Credit Campaign
I endorse Social Agenda's campaign to convert the federal Child Tax Credit to a Caregiver Credit!
Caregiving is more than a labor of love.
Whether done by a mother or father, son, daughter or any responsible loved one, whoever shoulders the caregiving responsibilities has to choose between taking time off of paid work, remaining out of the job market, or leaving a paying job; it is a matter of dollars and cents. If an alternative such as a daycare center for children with or without disabilities, a nursing home for frail, elderly parents or relatives, or home care for an ailing friend or spouse is required, it also costs.
To this end, we call for a Caregiver Tax Credit that:
- Is fully refundable - those who don't owe taxes get the credit in a check
- Covers care of frail, disabled or ailing adults in addition to children
- Lets caregivers choose by covering caregivers working inside the home and out
- Increases its value over time to more closely resemble the real cost of giving care
