Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Bill could offer tax break for elder care

|
|
 
  
Published: Feb. 11, 2004 at 8:46 PM
Advertisement

WASHINGTON, Feb. 11 (UPI) -- U.S. Sen. Larry Craig, R-Idaho, said he will push for legislation to provide tax relief for families caring for older loved ones.

About 22 million people are informal caregivers for seniors, whose activities are somehow limited, said Craig, chairman of the Special Committee on Aging. Families provide 80 percent of long-term care for older people in the United States, he said in the statement.

Craig said he plans to introduce a bill this week to provide a 50 percent tax credit for qualified expenses for care provided to a senior citizen in need of long-term care.

"These caregivers often face extreme stress and financial burden -- especially those we call the 'sandwich generation,'" Craig said, referring to those "sandwiched" between caring for their aging parents and caring for their own children.

Topics: Larry Craig, U.S. Sen. Larry Craig
© 2004 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
Notable deaths of 2012 Scripps National Spelling Bee AmfAR Cinema Against AIDS gala
Indianapolis 500 Presidential Medal of Freedom Memorial Day around the nation
Additional Science News Stories
1 of 32
Marilyn Monroe Cupcake Portrait at Madame Tussauds in New York
View Caption
A one-of-a-kind 8 x 4 foot portrait of Marilyn Monroe made from 2,100 bite sized stuffed cupcakes stands in the lobby next to her wax figure on the eve of Marilyn Monroe's 86th birthday at Madame Tussauds in New York City on May 31, 2012. UPI/John Angelillo
fark
Podiatrist accused of begging a 15 year-old teenage babysitter to have sex with him for pay. However,...
40 of the most powerful photographs ever taken. Subby made it to #36 before it got way too dusty...
I fap, you fap, we all fap *fap fap fap*
The "Miami Zombie" case has "spread to various social media outlets and a wave of dark humor has...
Man, the price of Bunga Bunga has really gone up
Funny Pictures Thread. Woohoo