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FULL REPEAL of §9013 of the adopted 2010 Healthcare Reform Act & amended §213 of the Internal Revenue Code of 1986

Created by N.B. on August 01, 2014

We demand our federal representatives pledge their commitment for FULL REPEAL of §9013 of the adopted 2010 Healthcare Reform Act & amended §213 of the Internal Revenue Code of 1986. Congress amended this section with harmful words by “striking 7.5% and inserting 10%”. (For regular income tax purposes, this is the threshold for the itemized deduction for unreimbursed medical expenses). Further, a temporary exclusion is found in §9013 to retain the threshold of 7.5% of AGI for 2013-2016 for a taxpayer or [taxpayer's] spouse attaining 65 before the close of the taxable year(s). This temporary exclusion expires January 1, 2017 (the threshold will increase to 10% of AGI) and has the potential to cost all taxpayers (and taxpayer spouses) age 65 or older thousands of dollars over their longevity.

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