Josh Hawley proposes $12K tax credits for married parents

Republican Sen. Josh Hawley is striking a populist tone with a new proposal to give big tax credits to families, as long as one of the parents is working.

The Missouri Republican announced his plans to create the “Parent Tax Credit” on Monday. The plan would provide a fully refundable tax credit of $6,000 for single parents and $12,000 for married parents with children under the age of 13.

“Starting a family and raising children should not be a privilege only reserved for the wealthy,” Hawley said. “Millions of working people want to start a family and would like to care for their children at home, but current policies do not respect these preferences. American families should be supported, no matter how they choose to care for their kids.”

Continue Reading…