Sinema, McSally Working to Lower Health Care Costs for Arizona Seniors, Middle Class Families
"Arizonans continue to struggle with increasing health care costs," said
"First, Obamacare raised taxes on middle class families," said
"Many Arizona seniors already face high out-of-pocket medical costs," said
Previously, taxpayers could deduct out-of-pocket medical expenses that exceed 7.5 percent of their adjusted growth income (AGI). The Affordable Care Act increased this threshold to 10 percent for individuals under 65. For individuals 65 and older, the increase is scheduled to occur in 2017. The Halt Tax Increases on the Middle Class and Seniors Act prevents that increase and returns the AGI threshold to 7.5 percent for all individuals.
Read this original document at: https://sinema.house.gov/latest-news/sinema-mcsally-working-to-lower-health-care-costs-for-arizona-seniors-middle-class-families2/


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