Considering I had two surgeries and other related medical costs this year, it looks like I will be completely losing the medical tax deduction so that Trump and Mnuchin can have no alternative minimum tax, the financiers get to keep the carried interest deduction, and rich corporations can lower their cooperate taxes from 35% at the top (too many of the largest corporations pay zero due to loss carry forwards and other tax loopholes) to 20% at the top, the complete repeal of the estate tax (which is already not applying to any estate less than $5 million or so), and other goodies for the super rich.
Yes, draining the swamp, and making America great again.
It was already bad enough that a person such as myself could not deduct medical expenses until it reached 10% of my income (It was one of the tax increases for the ACA that it went from 7% to 10%). But I lived with that because I knew that the ACA was providing insurance subsidies for those who were previously unable to procure insurance at all. But this change of a complete repeal is simply malicious to those already vulnerable with high medical costs each year. And, again, this year was a particularly expensive year where we are expecting over $25,000 and possibly as much as $30,000 in medical expenses, and my income is down from being off work and taking a lower salary to move to New Mexico. I created a lot of jobs for doctors, nurses, physicians' assistants, hospital staff and insurance company staff, didn't I? :)
Yes, draining the swamp, and making America great again. Thank you President Trump. Thank you Treasury Secretary Mnuchin. And thank you Speaker of the House Ryan, with your lies about the typical family to cover up the giveaways to people already rolling in money galore.
The Mueller indictments cannot come soon enough, I suppose...and we will live with President Ryan so that the natural Democratic Party constituencies who do not vote in mid-terms will finally see that none of this happens without a Republican dominated Congress, and it would then be more exciting to vote in a mid-term election. Yes, we are governed by greedy, venal fools, but it just gets worse and worse, and now, truly cynically worse.
