DES MOINES: Hillary Clinton is pledging more tax relief for families with young children. The Democratic presidential nominee announced a plan on Tuesday to double the Child Tax Credit. Currently, the credit is $1,000 per child under 17. Clinton would increase it to $2,000 per child up until the age of 4.
Clinton would also increase the amount that low-income families could get back in refunds under the program. Families with young children would see the most benefit. Clinton’s campaign said the plan would cost between $150 billion and $200 billion and would be paid for with increased taxes for the wealthy