Clinton to propose $6000 tax credit for caregiving costs

22 Nov 2015 | Author: | No comments yet »

Clinton proposes tax break for caregivers.

DES MOINES, Iowa (AP) — Hillary Rodham Clinton is proposing a new tax break for people caring for aging parents and grandparents as part of a series of benefits she is says will help middle-class families. Hillary Rodham Clinton’s windfalls from Wall Street banks and other financial-services firms — $3 million in paid speeches and $17 million in campaign contributions over the years — are turning into a major vulnerability in the early nomination contests.

NEW YORK – Until this past week, Bernie Sanders’s digital strategy – to convert the enthusiastic and curious into volunteers and eventually voters – played out in Twitter posts straight from his long, policy-driven speeches and videos explaining income and wealth inequality. Not since Richard Nixon in 1960 breezed to his appointment with destiny in Chicago has a presidential contender had so easy a time advancing to the finals in presidential politics. Sanders met with reporters before speaking at a rally organized by the South Carolina Democratic Party and afterward filed his paperwork as a candidate in the state’s primary. Then he joined Snapchat, a company that claims to have an enviable share of America’s young likely voters in its audience, in a bet that the platform can help him further capitalize on his advantage with that demographic. Clinton has received millions of dollars from the kinds of executives he believes should be in jail. “People knew what they were doing back then, because of greed, and it caused me harm,” said Mr.

At first glance, the irascible Sanders seems like a strange fit for the platform, where users can send photos and short videos to their friends that later evaporate. “What is this Snapshot thing and why do I only get 10 seconds?” Sanders tweeted on Monday to announce his new account. In her proposal, Clinton states that the number of Americans needing long-term care and support is expected to grow from about 12 million today to 27 million by 2050. He’s a late adopter: His Democratic rivals, Martin O’Malley and Hillary Clinton, have been on the platform for several weeks, as has every major Republican candidate except Jeb Bush, Donald Trump, and Rick Santorum. But there is some data to indicate that, while 2016 might not be the Snapchat election, it is, at least, a natural fit for a candidate such as Sanders.

Here are some of the challenges that may be keeping her advisers up at night — or should be: There’s little doubt right now that she’ll be the nominee, but it isn’t in her interest to permit a protracted struggle to develop against Sen. At a time liberals are ascendant in the party, many Democrats believe it’s bad enough that she merely “represented Wall Street as a senator from New York,” as Clinton reminded viewers in an October debate. After the Aug. 6 Republican debate, Snapchat said 18- to 24-year-olds were more likely to watch the platform’s five-minute “live story” of the debate than watch the debate live on television.

Yet there is a real possibility that the left-leaning caucus constituency in Iowa and the region-conscious voters in New Hampshire will continue their strong support for the Vermont senator in the two earliest tests. Even as she promises greater regulation of hedge funds and private equity firms, liberals deride her for refusing to reinstate the Glass-Steagall Act, a law that separated commercial and investment banks until its repeal under President Clinton.

Two-thirds of 18- to 34-year-old Snapchat users are likely voters and about a third of all 18- to 34-year- old likely voters use the app, according to an online poll commissioned by Snapchat and conducted by Global Strategy Group and Public Opinion Strategies from Oct. 15-25. “Compared to other kinds of social media, Snapchat really gives a true behind-the-scenes look at campaigns and candidates, and those campaign and candidates who use Snapchat effectively have a different avenue to reaching these likely voters,” said Robert Blizzard, a partner at Public Opinion Strategies. Unlike network television, Snapchat’s debate live stories cover the entire night, from pre-debate rally to spin room, and offer more context and humor. And for many Democrats, her strong support from wealthy donors and a big-money super PAC undercuts her increasingly progressive rhetoric on free trade and other economic issues.

In another clip, an enthusiastic Sanders supporter repeatedly screamed “Oh my God, oh my God” after the candidate touched her hand as he left the debate. Even if Clinton sews up the nomination quickly, subdued enthusiasm among the party’s liberal base could complicate efforts to energize Democratic turnout for the general election. Bernie Sanders of promoting programs that she says would raise taxes on middle-class families, including his plan for a single-payer health system based on Medicare. In comparison, Clinton, who joined in early August, has been praised for her amusing account, which often features throwback photos of the candidate or images mocking her Republican opponents. They declined to share specific findings from internal polls, but predicted the issue could resonate in Democratic contests in Iowa, Nevada, Ohio and Michigan, where many people have lost homes and businesses to bank foreclosures.

Kenneth Pennington, the Sanders campaign’s digital director, said Sanders is “uniquely positioned” to turn out young voters due to his early popularity with them. A national McClatchy-Marist poll released Nov. 13 found that while Clinton beat Sanders 57 percent to 39 percent, Sanders led among 18- to 29-year-olds 58 percent to 35 percent; he had a similar advantage among 18- to 34-year-olds in the latest Bloomberg Politics national poll published this week. “What we’re seeing in our rallies and in social media and in every metric that’s out there is that young people are, many of them for the first time in their lives, getting really excited about the senator’s candidacy,” Pennington said. “And it’s not because the senator is some cool hip guy, it’s just because his ideas are really appealing to millennials.” Sanders will likely use the account to focus on issues young voters care about, such as college costs, LGBT rights, and racial justice, Pennington said. Sierra Smith, a 19-year-old sophomore journalism student at Baylor University in Waco, Texas, is just the sort of young voter the campaign hopes to reach. And some Democratic superdelegates, whose backing is crucial, said Clinton’s ties to big banks, and her invocation of 9/11 to defend her ties to Wall Street at the Nov. 14 debate, only made them further question her independence from the financial industry. “My parents had a saying in Spanish — ‘Dime con quién andas y te diré quién eres’ — which means, ‘Tell me who you’re hanging with and I’ll tell you who you are,’ ” said Alma Gonzalez, an uncommitted superdelegate from Florida. “A lot of my Democratic friends feel that way about Hillary and Wall Street. “Are the working people in this country going to be able to count on hard decisions being made by President Hillary Clinton with regard to her Wall Street chums? She plans to vote for him in her state’s primary in March and said she probably wouldn’t go to the polls if not for him. “I think a lot of the things that he says are things that people our age believe in, and he’s the only one who’s really just saying them,” Smith said.

These are major concerns.” Indeed, Bill Clinton’s close relationships with Wall Street executives such as Robert Rubin of Goldman Sachs, whom he named his Treasury secretary, and his support for undoing parts of Glass-Steagall have contributed to misgivings about Hillary Clinton. In 2008, the youth voter turnout rate in the Democratic primary nearly doubled from 2000, with Obama winning 60 percent of the vote, according to data compiled by the Center for Information & Research on Civic Learning & Engagement.

Otherwise she will face uncomfortable occasions to prove herself, unnecessary places to spend down her campaign treasury and unwanted challenges like the ones that follow . . . Yet even though she has taken tough stands, such as chastising banks for widespread foreclosures in 2007 and 2008, some Democrats are skeptical that she would ever crack down on the executives in her social circles in Manhattan, the Hamptons and Washington, D.C. Sanders adviser Tad Devine said that historically, campaigns have neglected young voters, but that Obama didn’t make that mistake and neither will Sanders. “We believe that these young people who are now supporting him in very large numbers can be persuaded to participate in large numbers as well,” Devine said, “and that can make a huge difference in terms of the outcome.” But this is a case where strength also may be a liability; her Republican rivals will pillory her for the Benghazi episode in particular and for her views on Libya in general.

Jake Quinn, an uncommitted Democratic superdelegate from North Carolina, said he was concerned about Clinton’s willingness to clamp down on Wall Street malfeasance. “The financial sector’s ongoing relative lack of accountability makes me suspicious of any candidate who sources it for significant support,” he said. Emphasizing her experience with the terror attacks of 2001, for example, plants her in the past while many of the Republican contenders were not even in national politics in that era. Martin O’Malley of Maryland, have argued that big donors inevitably had influence with her, her campaign has pushed back against suggestions that the financial-services industry had bankrolled her campaign. Gonzalez, the Florida superdelegate, and some other undecided Democrats said they viewed Sanders as too hostile to banks and corporations and too divisive in his remarks about American wealth.

Clinton speaking about the 2001 attacks would be for Dwight Eisenhower to have talked about Pearl Harbor in a year that would bring the Suez crisis and the revolution in Hungary. Sanders has been criticizing “the corrupt economy symbolized by Wall Street greed” for decades, she said. “He shows righteous indignation and speaks for the common woman and man in saying they have a right to be outraged at Wall Street,” Turner said. “He doesn’t just talk the talk. His critique might be dismissed as the prattling of an inconsequential figure who gets attention only because he is the only person standing between her and a coronation for the presidential nomination. But no one listening to the debates among the Republicans — the ones who used to represent big business and finance — can doubt that their nominee will mount a populist campaign against Wall Street and against Ms. The party has all the demographic factors going for it — great appeal among youth and solid strength among blacks and Hispanics who are increasingly important factors in the American electorate, especially in the big states.

The governor of the biggest state is a Democrat who once was a big-city mayor (Oakland) and a state attorney general, and anyone with that profile ordinarily would be a strong vice-presidential candidate. The usual repository of running mates are the governors, where the Democrats have only 18, and the Senate, where the Democrats account for 46, including independents. Turner, the former Ohio lawmaker, said the blocks of foreclosed homes in Cleveland were a painful reminder that banks prioritize their own corporate interests.

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