publication date: Dec. 15, 2017

In Brief AACR urges House-Senate conference to remove tax bill provisions penalizing future scientists, patients, survivors

The American Association for Cancer Research delivered a letter to Rep. Kevin Brady (R-TX), conference chair of the House-Senate Conference Committee for the Tax Cuts and Jobs Act [HR 1], urging the committee to remove two provisions from the tax reform bill that, if enacted, would negatively impact cancer researchers and patients.

The first would require that graduate student tuition waivers, which are currently tax-exempt, be reported as taxable income. The second would repeal the medical expense deduction.

The House version of the tax reform legislation would effectively penalize these future scientists by taxing them on “income” they do not receive and would significantly increase their tax liability, the letter states.

In addition, millions of Americans with life-threatening, costly conditions and diseases, including many cancers, would no longer be able to receive financial relief from a medical expense tax deduction if their medical expenses exceed a certain percentage of their income.

The Senate version of the tax reform legislation did not include these two provisions, and the AACR is urging the conferees to support the Senate’s position and remove these two provisions from the final bill.

The letter is posted here.

 

Continue reading AACR urges House-Senate conference to remove tax bill provisions penalizing future scientists, patients, survivors

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