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Tax 'Reform' Puts Elders & the Safety Net At Risk

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Primary Education Topic: 
Policy and Advocacy
Other Education Topics: 
Aging in Community
Business & Aging
Leadership in Aging
Legal & Ethical Issues
LGBTQ Aging
Mental Health & Aging
Multicultural Aging
Policy and Advocacy
Technology, Accessibility & Transportation

Growing levels of inequality are bad news for older adults. Elder poverty rates are already high and growing—even while some smaller groups of older adults continue to do well financially.

By Kevin Prindiville

Even a few months into 2018, policymakers, reporters, economists, accountants and ordi­nary Americans are still working to understand the impact of the tax law that Republicans passed in a mad rush at the end of 2017. Little attention, however, is being paid to how the new law affects older adults.
 
The following are three things about the new tax bill that should worry advocates for older adults:
 

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