[lbo-talk] Query FICA tax expenditures on healthcare

Wojtek S wsoko52 at gmail.com
Mon Aug 22 07:34:11 PDT 2011


I am not sure what you are looking for - medical expenses claimed on tax returns? If so, try SOI tax data http://www.irs.gov/taxstats/indtaxstats/article/0,,id=96981,00.html#_grp2

Wojtek

On Mon, Aug 22, 2011 at 12:09 AM, Gar Lipow <gar.lipow at gmail.com> wrote:
> One figure I'm having trouble getting much on.
>
> Because health care costs (health insurance and other employer paid
> health) is exempt from being considered income for FICA as well as
> income tax purposes, the FICA exemption constitutes a tax expenditure
> only second to  the income tax deduction for business.  Very hard to
> track down. I found a number for 2007 and am using it to create rough
> estimates for other years. But I'd feel a lot more comfortable with
> actual data. Does anyone know where such estimates can be found?
>
> Again I'm not making an argument against the deduction (though I'm
> also not saying one can't be made.)  But it is a another place that
> reducing health care costs, via a single or all payer system,
> partially pays for itself because lower health care costs lower a cost
> that is being deducted.
>
>
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