Gore_on_Taxes

Gore on Taxes Tax Reform Gore’s plans for tax reform benefit the low to middle income citizens. Gore believes that it is unlikely that every family will receive a tax cut. Gore wants to lower taxes for working families with targeted tax reform. Many of his tax plans are targeted toward smaller groups of people such as people buying energy efficient vehicles and homes. Another group Gore plans to target with tax relief is people working in nursing homes. His plan doesn’t include tax relief for over 50 million Americans. Gore’s plan would spend an estimated $500 billion over a ten-year period. He estimates $250 billion spent on targeted tax cuts over a ten years period. He plans new tax-sheltered retirement savings account with government matching funds for up to $100,000. Estate tax relief is available for small businesses and farmers. Gore would increase the standard reduction for married couples. Gore would increase eligibility for college tuition tax credits. Gore plans a tax credit of up to $3,000 on long-term health care expenses. Gore wants a new $1,000 credit for work-related expenses. Gore does not support tax increase in good gore, tax, plans, money, schools, security, every, social, public, program, new, energy, drug, school, retirement, quality, put, people, over, modern, invest, increase, credit, care, billion, believes, years, vouchers, teachers, teacher, targeted, spend, savings, relief, reform, rather, provide, proposes, make, health, gore’s, expenses, environment, doesn’t, child, available, air, working, water, trust