They propose to limit the deductibility of medical expenses on income taxes

Tax The Sick: Obama’s New Plan

By Editor Friday, October 9, 2009

Faced with a need to scrounge for revenue to fund his plan for health care, President Barack Obama and Senate Finance Committee Chairman Max Baucus have come up with a brilliant new idea: Tax the sick!

In a new amendment to the health care bill, they propose to limit the deductibility of medical expenses on income taxes. Now, taxpayers may deduct any medical expenses that exceed 7.5% of their Adjusted Gross Income. Obama and Baucus want to raise that threshold to 10% as long as the taxpayer is under 65.

Eight million Americans are sick enough and poor enough that they have to pay more than 7.5% of their income in medical expenses. And it is these folks that the liberals Obama and Baucus plan to tax! Six million of them earn less than $75,000 a year!

http://canadafreepress.com/index.php/article/15591