Pledging to invest in the “caring economy,” Hillary Rodham Clinton proposed a new tax break Sunday for people caring for aging parents and grandparents.

The Democratic presidential candidate touted her latest proposal at a town hall-style meeting in Iowa Sunday. She is seeking a tax credit to help offset up to $6,000 in caregiving costs for elderly family members. The credit would apply to 20 percent of those expenses for a maximum tax bill savings of $1,200.

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Cox Enterprises CEO Alex Taylor and AJC Publisher Andrew Morse were joined by AJC editors and Atlanta business react during the ribbon-cutting ceremony at the Atlanta Journal-Constitution in Midtown on Friday, January 24, 2025.
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Austin Walters died from an overdose in 2021 after taking a Xanax pill laced with fentanyl, his father said. A new law named after Austin and aimed at preventing deaths from fentanyl has resulted in its first convictions in Georgia, prosecutors said. (Family photo)

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