[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Micha Siegel [@SiegelMicha](/creator/twitter/SiegelMicha) on x 1243 followers Created: 2025-07-24 13:31:39 UTC Thanks for the Qs! I don't see anything I listed would effect LTC (at least in a major way). Current law is that LTC is a sch. a deduction for med exp with XXX% of AGI floor, so very few take it anyway. The benefits are taxed based on excess of cost or alternative formula (if i recall). Honestly, I would roll back social security totally, but I was just focusing on tax code. SS Benefits would have to supplemented from general fund. SE tax is just such a strong disincentive to entrepreneurs. So in this version payroll tax would remain. In a broader policy convo I'd advocate for a complete redo of social security. XX engagements  **Related Topics** [exp](/topic/exp) [tax bracket](/topic/tax-bracket) [social security](/topic/social-security) [agi](/topic/agi) [ltc](/topic/ltc) [Post Link](https://x.com/SiegelMicha/status/1948375528320184529)
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Micha Siegel @SiegelMicha on x 1243 followers
Created: 2025-07-24 13:31:39 UTC
Thanks for the Qs!
I don't see anything I listed would effect LTC (at least in a major way). Current law is that LTC is a sch. a deduction for med exp with XXX% of AGI floor, so very few take it anyway. The benefits are taxed based on excess of cost or alternative formula (if i recall).
Honestly, I would roll back social security totally, but I was just focusing on tax code. SS Benefits would have to supplemented from general fund. SE tax is just such a strong disincentive to entrepreneurs. So in this version payroll tax would remain. In a broader policy convo I'd advocate for a complete redo of social security.
XX engagements
Related Topics exp tax bracket social security agi ltc
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