Skip to comments.Obamacare’s tooth tax takes effect on January 1
Posted on 12/13/2012 7:33:28 PM PST by 2ndDivisionVet
With all the chatter about the fiscal cliff, you may not have heard of a tax change that will take effect on January 1 and why going to the dentist now may be the right response to it.
If youre under 65, on January 1 your medical tax deduction rate (including expenses for dental work) will take a big jump from 7.5% of gross income to 10%. (No change for folks 65 and older.)
If youre like me, your health insurance pays a minimal amount for routine dental work with most of the dentists bill being paid out of your own pocket. And if, God forbid, you should need additional work (filling cavities, etc.), you end up paying for most of that too.
A couple of cleaning visits plus a little extra corrective work can add up to a tidy sum that, when added to other medical expenses, may reach the 7.5% goalpost...
(Excerpt) Read more at dailycaller.com ...
Gotta squeeze “the rich”. Anytime, any place, to enable “the poor”,
I have had an on-again off-again tooth ache going on since last summer.
I am NOT in the mood for forking over a couple of Thou for the whole root canal business.
What a frigging rip-off.
I shoulda been a dentist.....
"Surprise! Surprise! Surprise!" - Gomer Pyle, U.S.M.C.
They truly ARE pushing us to become more like the British!
(ducking due to stereotyping!)
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