Gibbs predicts ACA employer mandate will be killed

[pghquest]

Originally Posted by InformedConsent

So... now that the cost of health insurance is shifting to individuals, is it tax deductible for individuals? Or is it just additional 10% of income expense in addition to the taxes they already pay?

for tax reasons, the healthcare expense is a tax deduction and continues to be.

[pghquest]

Originally Posted by Cnynrat

See below ....

If you are self-employed and have a net profit for the year, you may be able to deduct (as an adjustment to income) the premiums you paid on a health insurance policy covering medical care including a qualified long-term care insurance policy covering medical care for yourself and your spouse and dependents

If you do not claim 100% of your self-employed health insurance deduction, you can include the remaining premiums with your other medical expenses as an itemized deduction on Form 1040, Schedule A

Tax Topics - Topic 502 Medical and Dental Expenses

[pollyrobin]

Originally Posted by Ecstatic Magnet

I hope this is the case as well. The faster we get to single payer, the better.

It's basically the one and only reason I'm optimistic for Hillary's inevitable administration.

I'm for single payer, but Hillary, please

[ringwise]

Originally Posted by Ecstatic Magnet

Let's just get rid of the government then.


Keep on trying to treat the symptoms and not the illness....

We have the opportunity to get rid of it. It happens whenever we go into the voting booth.