Trump tax plan will include child care break, Ivanka says

Source: Washington Examiner | April 25, 2017 | Joseph Lawler

President Trump’s forthcoming tax reform plan will include a break for child care, his daughter Ivanka said Tuesday.

The child care tax break, which Ivanka championed on the campaign trail, would be part of the tax reform blueprint that President Trump has said he will announce Wednesday.

As of Tuesday afternoon, reports indicated that the outline Trump is set to put out will re-create his campaign tax proposals in key respects. In addition to a tax credit for child care expenses, Trump is expected to recommend a 15 percent corporate tax rate. He also has set a goal of an individual top tax rate of 37 percent, higher than the 33 percent he advocated in the campaign, as well as a special 15 percent tax rate for small businesses, according to the Wall Street Journal.

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