Tax attacks elderly
The Tax Reduction and Simplification Act (House Bill 998) has severe consequences for senior citizens in nursing homes or with other substantial medical expenses, which are no longer deductible at the state level.
My 90-something mother, who is in a nursing home, will see her North Carolina income tax triple. When the day comes that her medical expenses exceed her income, I suppose she will have to borrow money to pay her tax bill. Our governor and General Assembly apparently decided that the elderly and sick could safely be exploited to reduce taxes for their wealthy donors.
I want to remind those who are still youthful seniors that most of us will someday be in the position of our parents. And in the meantime, for seniors and youngsters alike, the loss of medical expense deductions is no different from imposing a 5.8 percent tax on health care for those of us unfortunate enough to incur significant expenses.
It’s time for seniors to send a strong message of disapproval the next time they vote. The incumbents who favored this legislation should be forced to find another job where they can do less damage to their elders.