Tax Code Reform

Sen. Marco Rubio Moves to Cut Child Care Support from the Tax Code -

Senator Marco Rubio (R-FL) has recently talked about tax reform as a way to help families with costs associated with raising children. And yesterday during remarks on the Senate floor, he spoke specifically about the need to help families who are struggling with the cost of child care. However, instead of supporting provisions aimed at strengthening and expanding the only provision in the tax code specifically designed to help … Read More

Is the White House Pushing to Eliminate the Child and Dependent Care Tax Credit? -

Mixed messages from the White House pit Ivanka Trump against the administration’s reported tax reform plans Leading up to the 2016 election, Ivanka Trump made access to child care a centerpiece of her campaign message, often speaking of Donald Trump’s proposal to allow families to deduct more their child care expenses from their income taxes. But last month, the Trump administration reportedly abandoned plans for the child care … Read More

White House Announces Ivanka Trump’s Support For Retaining The Child and Dependent Care Tax Credit -

On Tuesday, CNBC reported that Ivanka Trump supports “maintaining” the Child and Dependent Care Tax Credit (CDCTC), according to a White House official. While Ms. Trump has been outspoken in her support for expanding the Child Tax Credit, Tuesday marks the first instance in which she has publicly stated her desire to keep the critical CDCTC in the tax code. Read More

Donald Trump Says Tax Reform Should Help Families Invest in Children. The Child and Dependent Care Tax Credit Does That. -

This week during the President’s Weekly Address, Donald Trump spoke about tax reform and his four overarching principles of reforming the tax code. One principle focused on the administration’s goal of supporting American families through tax cuts and reforms. “We want to help families keep more of what they earn – and to be able to afford the costs of raising a family,” he said. We whole-heartedly agree that … Read More

POLITICO Poll: Majority of Voters Favor Increasing Child Care Tax Benefits -

A new poll from POLITICO shows a strong majority of registered voters – 62 percent – support increasing child care tax benefits. This finding is consistent with the results of FFYF’s national poll, out earlier this year, which found 70 percent of voters answered favorably when asked specifically if we should increase the amount of the existing child and dependent care tax credit from $3,000 to $9,000 for one child … Read More