Give Americans A Tax Break So They Have Affordable Health Care.

I am still waiting for President Trump’s remedy to fix Obama Care. He already delighted Wall Street with the possibility of reducing their corporate taxes of thirty-five percent to fifteen percent. I have no problem with that, it will encourage more factories coming back to the United States, which will definitely mean more jobs. However there are those in their later years of life see their income falter, and are at the mercy of insurance companies who determine the end costs for us struggling seniors. Right now I seeing my disabled spouse(Polio) still working so both of us can have affordable health care. It’s a shame that the disabled have to be subjected to a two year waiting period to be eligible  for Medicare. If and when my wife is force to retire, and the reduction of her income. I see no way the both of us can live on social security and the investments that we have. In fact, next year I have to start claiming long term distribution of my investments, thus a twenty five percent reduction.

Tossing and turning at night is not going to me any good. Maybe we can start by suggesting some alternatives, so all Americans can stay healthy, and still build their financial future. As Americans, we spend an estimated three trillion dollars on health care, thats roughly ten thousand dollars per our three hundred million population. I can’t believe that this is a realistic figure in the first place. We need to examine if this figure is real and not just inflated. Insurance companies payout about seventy five percent of the revenues that they receive, I have no problem with that, they are in business to make a profit. The problem I have, why aren’t every one paying their equal share.

Why isn’t President Trump giving his fellow Americans a tax cut like our American corporations. Most of us middle-class are paying about twenty five per cent federal taxes and about four percent state taxes. So here is my suggestion, I will gladly pay my twenty five percent federal tax obligation, but I want to be able to deduct all of my medical insurance bills, and all of my medical bills without having to see if they are over eight percent of my gross income. I also want to be able to deduct all of my credit card interest like I use to do. I am  not an accountant, but if I can save four thousand dollars a year, I think I can afford health insurance for my wife. If everyone tightens their belts, and make a better health care effort, President Trump has the right to say that he wants to make the United States Greater and Healthier. Let’s pray that he can do it.