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Wiz Imp

(8,493 posts)

7. And even then, a tax deduction lowers the taxable income, NOT the tax itself

Reply to subterranean (Reply #3)

Wed Dec 3, 2025, 11:29 AM

Dec 3

People at the highest marginal tax rate (37% which applies to very few people) would save a maximum of $9250 in taxes. People at the lowest marginal rate would save just $2500. How does this provide significant help to anyone?

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subterranean

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Highlight:

Hawley Pitches New Health Care Tax Plan [View all] applegrove Dec 3 OP

One knee replacement costs over $200K. Happy Hoosier Dec 3 #1

"Sen. Josh Hawley (R-MO) is pitching his colleagues on a new health plan" chouchou Dec 3 #2

This plan would exclusively benefit the rich. subterranean Dec 3 #3

And even then, a tax deduction lowers the taxable income, NOT the tax itself Wiz Imp Dec 3 #7

And someone in the lowest marginal tax bracket... subterranean Dec 3 #10

exactly Wiz Imp Dec 3 #12

And only if they don't have expensive issues EdmondDantes_ Dec 3 #13

A new version of the only thing republicans can do. Turbineguy Dec 3 #4

It's a bad plan........................ Lovie777 Dec 3 #6

Stupid. Stupid. Stupid. travelingthrulife Dec 3 #5

Sure! Let's just "RUN" with that. Traildogbob Dec 3 #8

What are the specifics jonstl08 Dec 3 #9

This is why I'm looking forward JustAnotherGen Dec 3 #11

25,000 per person in expenses? ibegurpard Dec 3 #14