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A Little-Known Way the Tax Code Subsidizes Spending on Health Care
The Brookings Institution 
[Opinion] Nov. 19, 2025 "Tax law changes over the last decade resulted in a smaller role for itemized deductions overall, including the [itemized medical deducsion (IMD)], and concentrated benefits among older, higher-income taxpayers. The IMD could be reformed to better target relief to those with high medical costs in budget-neutral ways. However, alternative policies would likely more effectively protect Americans against uncovered health risks." MORE >> |
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