Reply To: New Tax Bill Will Eliminate Medical Deductions!
Thank you DazedandConfused, this bill could be very hard on anyone with a chronic illness or disability in the U.S.. Now that it has passed the senate, the house and senate versions need to be reconciled into a single version. If that happens, it will be law. A second concern is healthcare insurance premiums, since the final bill may remove the insurance mandate there’s a liklihood that premiums will spike higher due to less participation. It is prudent to call your congress and senate reps if you disagree with the direction of this bill.