The depth and complexities of the Affordable Care Act are many, but one certainty of the massive health care law is it will raise taxes and make some deductions tougher to earn.
Delegate Bob Marshall, R-Manassas, wants to ensure that while the federal income tax code will change because of the ACA, Virginia doesn’t necessarily follow in lock-step.
Marshall has introduced HB 1313 for this month’s General Assembly with the aim of keeping the deduction rates status-quo for residents with high out-of-pocket medical bills.
Source: Watchdog.org. Read full article. (link)