Trump to propose deduction on childcare spending: aide

Republican U.S. presidential nominee Donald Trump attends campaign event at Windham High School in Windham, New HampshireBy Emily Stephenson WASHINGTON (Reuters) – U.S. Republican presidential nominee Donald Trump will propose allowing parents to deduct spending on childcare from their income taxes in a speech on Monday meant to challenge the economic policies of Democratic rival Hillary Clinton, a campaign aide said. A wealthy businessman seeking his first public office, Trump seeks to counter Clinton’s argument he is out of touch with the problems of working families. In his speech, to business leaders of the Detroit Economic Club, Trump will also propose stronger protections for American intellectual property and a temporary moratorium on new regulations, the aide said.

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