Adoption Tax Credit On Chopping Block


HER 2-YEAR-OLD SON INSIDE HE SUFFERED FROSTBITE AND HYPOTHERMIA

THE REPUBLICAN TAX PLAN INCLUDES A POTENTIALLY DAMAGING CHANGE LAWMAKERS WANT TO CUT A TAX CREDIT GIVEN TO PARENTS WHO ADOPT CHILDREN IT'S A BIG INCENTIVE THAT HELPS CHILDREN FIND HOMES DOMINIQUE GARCIA JOINS US DOM, YOU MET A FAMILY WHO RELIED ON THOSE TAX CREDITS

KAREN, ANY PARENT KNOWS A NEW ADDITION TO THE FAMILY ISN'T CHEAP WHEN IT COMES TO ADOPTION IT COULD COME WITH OTHER EXPENSES THIS TAX CREDIT HAS HELPED A LOT OF FAMILIES Reporter: KENDRICKSON HAS A FULL HOUSE AND THAT'S AN UNDERSTATEMENT

HE WOULDN'T HAVE IT ANY OTHER WAY THIS IS NO WORDS FOR IT Reporter: HE AND HIS WIFE HAVE ADOPTED FOUR CHILDREN EACH TIME THE TAX CREDIT HAS HELPED A LOT EACH CHILD MEANS EXTRA EXPENSES

THEY NEEDED BIGGER CARS AND DIAPERS WE DID THE MATH ONCE AND THROUGH BEING FOSTER PARENTS AND ADOPTED PARENTS WE'VE CHANGED 40,000 DIAPERS SO, YEAH, IT'S EXPENSIVE Reporter: THE CURRENT TAX CREDIT IS JUST OVER $13,500

LAUREN ARNOLD, EXECUTIVE DIRECTOR OF THE ADOPTION EXCHANGE SAYS WITHOUT IT THERE COULD BE A DROP IN THE NUMBER OF ADOPTIONS THOSE CHILDREN WILL LINGER IN FOSTER CARE WE HAVE OVER 112,000 CHILDREN IN THE UNITED STATES WAITING FOR A HOME Reporter: SHE POINTS OUT THAT THE $13,000 TAX CREDIT SAVES MONEY IN THE LONG RUN EVERY CHILD THAT AGES OUT OF FOSTER CARE WITHOUT A PERMANENT HOME COSTS US AS A STATE, A SYSTEM ABOUT $300,000

IT'S SIGNIFICANT THE SMALL AMOUNT OF THE TAX CREDIT CAN OFFSET HUGE COSTS FOR THE STATE Reporter: MARK WORRIES MANY FAMILIES WON'T BE ABLE TO HAVE WHAT HE HAS, A LOVING FAMILY TO COME HOME TO COMING HOME TO THE CREW THAT GREETS ME EVERY DAY IN THE GARAGE IS WONDERFUL IT REALLY IS SOME PEOPLE SAY THIS IS ALSO A PRO-LIFE ISSUE AND ADOPTION SHOULD BE ENCOURAGED

AS OF NOW IT IS UNCLEAR WHAT

Source: Youtube


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