Why am I not surprised by this post at Think Progress?
In the coming days, Congress will likely pass a “tax extenders” bill to “renew popular expired tax breaks,” such as the “research credit, a deduction for tuition and other college expenses, and a deduction for teachers who spend money out of their own pocket for classroom supplies.”Ducky. Just ducky.
But Congress has decided to use the bill for partisan purposes. In closed-door negotiations, Congress “added a tax break benefiting high-income taxpayers that was never passed by either the full House or Senate.” The measure would increase the amount that individuals could contribute to Health Savings Accounts (HSAs), “thereby allowing those who could make these additional contributions to shelter even more of their income from taxation.”