Source: Affordable Care Act

Since 2013, seniors who itemize on their tax returns have been allowed to deduct health care expenses (e.g., medical, dental, chiropractic, pharmacy, etc) when the total exceeds seven and one-half percent (7.5%) of their adjusted gross income.

Starting in 2017: Seniors NO LONGER GET A BREAK. Under this under-planned and ruthless law, they will now join the rest of the taxpayers and be able to deduct only when the total exceeds ten percent (10%) of their adjusted gross income.

Example: A senior making $60,000 adjusted gross income and in the 15% tax bracket would pay $225 more in federal tax when applying this new law (assuming that he/she had enough deductible medical-type expenses and itemized under the old 7.5% rule).