February 28, 2018

NEW CAMPAIGN: Untax healthcare

Downsize DC proposal would untax healthcare. Do you want this? Retweet

We’re launching a new campaign to untax healthcare. Our proposal would make all healthcare expenditures tax-deductible, including insurance premiums and preventive measures, such as supplements and fitness clubs. It would also create unlimited HSAs (Health Savings Accounts).

The hardwired letter to Congress reads…

No American should be taxed on any money spent for healthcare.

We’ve also drafted sample comments to Congress. Go to our site to send this letter or revise it into your own words…

Make all healthcare expenditures tax-deductible, including insurance premiums and preventive measures, such as supplements and fitness clubs.

Do NOT require a threshold to itemize. Allow me to deduct my healthcare expenses on top of my standard exemption and/or other deductions.

Also, allow me to save unlimited amounts in an HSA (Health Savings Account).

These changes will give individually purchased insurance the same tax-treatment as employer-paid policies. Individual policies will protect people from losing their coverage when they lose their job. That will curtail the pre-existing conditions.

Be sure to make illness prevention equally tax deductible. Increased prevention will lower medical costs over time. You’ll recover the money you lose in taxes through lower expenses for Medicaid and Medicare.

— END OF SAMPLE LETTER–

Thanks for being an ACTIVE DC Downsizer,

Perry Willis & Jim Babka
Downsize DC

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