Repealing the Medical Expense Deduction Could Hurt Middle-Class Families
A new report from the Center for American Progress argues that the tax bill introduced by House Republicans could hurt middle-class families with high medical expenses. According to Repealing the Medical Expense Deduction Would Harm Some Middle-Class Families, the bill would eliminate the deduction for medical expenses not covered by insurance — a deduction that nearly 9 million families claim each year for medical expenses that exceed 10 percent of their income. If the deduction is eliminated, middle-class families with high medical bills could lose access to lifesaving treatment options and face higher tax bills, the report argues.