Chapter one, medical deductions.
In the tax hose job now passed by the senate we can start discussing what it means. there may be minor changes as the house and senate reconcile but the base structure is set.
About 9 million people will lose medical deductions they were receiving if they passed the 10% number for health care and long term care. including nursing home expenses, which should concern many of you.
Insurance premiums are expected to rise 10% from the bill.
Medicare and SS will receive cuts.
What I cannot find and maybe Nemont knows, if medical expenses are no longer deductible does that mean insurance premiums are not either? this would be "yuge " for many as well as a major hit on employers .
Stay Thirsty My Friends
In the tax hose job now passed by the senate we can start discussing what it means. there may be minor changes as the house and senate reconcile but the base structure is set.
About 9 million people will lose medical deductions they were receiving if they passed the 10% number for health care and long term care. including nursing home expenses, which should concern many of you.
Insurance premiums are expected to rise 10% from the bill.
Medicare and SS will receive cuts.
What I cannot find and maybe Nemont knows, if medical expenses are no longer deductible does that mean insurance premiums are not either? this would be "yuge " for many as well as a major hit on employers .
Stay Thirsty My Friends