A bill that is important to self-employed Americans has been introduced in the House of Representatives. I am a co-sponsor of HR 3660, which would amend the Internal Revenue Service Code to provide that the deduction for the health insurance costs of self-employed individuals be allowed in determining self-employment tax. Passage of this bill would end a significant inequity within the tax code, an inequity that penalizes self-employed citizens and makes it increasingly difficult to afford health coverage.
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