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Comment by jagged-chisel

5 days ago

I don’t understand how “make it tax-deductible” is an alternative to “nationalize healthcare so it’s not tied to employment.”

5 comments

jagged-chisel

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WalterBright  5 days ago

Sorry, I don't know how to make it any clearer.

  • jagged-chisel  5 days ago

    It’s already tax deductible. Just saying “make it tax deductible” doesn’t explain what you mean.

    • WalterBright  5 days ago

      It's complicated. From google:

      * You must pay the premiums with after-tax money.

      * Your total qualified, unreimbursed medical and dental expenses (including premiums and costs like co-pays, deductibles, prescription medications, etc.) must exceed 7.5% of your Adjusted Gross Income (AGI).

      * You can only deduct the amount of expenses that exceeds this 7.5% threshold.

      * You must choose to itemize deductions instead of taking the standard deduction.

      Most taxpayers use the standard deduction as it is often larger than their total itemized deductions.

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