The elimination of the medical expense deduction is a huge tax hit for my middle class Mom & Dad..Dad is in skilled nursing with an $8K+ monthly bill being paid by my Mom out of their savings. Bad bill...look out for the middle class 1st then drop the corp. tax rate...not to mention still no balanced budget via cuts or revenue...deficit still climbs.
You're correct, and I am so sorry about your Dad. Your Mom should not be facing this kind of hit, but she definitely will be if this bill passes the Senate tomorrow or Friday.
I have a former co-worker in a very similar situation, and she is under tremedous emotional strain, trying to figure out how they are going to survive this financial hit - and all of it caused because the GOPe is raping our deductions so that the corporations can make out like bandits in this bill.
Please accept my prayer for you:
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Lord Jesus, all that exists in the world is yours. And all that we have, you have generously given to us. Father, if it be your will, I pray that this tax bill does not pass the Senate. Many middle class families will be hurt by it, and I believe it to be unjust. But let your will be done, not mine. I lift up Drago, and his parents. Please comfort them, especially his father who requires skilled medical care. Remind us Lord not to love money, but to constantly give you the glory for your provision and the blessings in our life. I ask all of these things in the name of Christ. Amen.