Unfortunately, prescription drug prices have been steadily on the rise – increasing 33% since 2014 – and with the cost of living increasing along with these drug prices, more and more seniors are unable to pay for necessary medications. That’s why I’m working to pass new legislation in the State Assembly that can help seniors keep more of their hard-earned money. If passed, those who make less than $50,000 could deduct some of their medical expenses up to $1,000 on their personal income tax returns for prescription drug costs (A.4641).
Our seniors are such an integral part of our community, having woven their history into the fabric that makes our hometowns what they are today. It’s only right that we support our senior loved ones in every way we can. No one living on a fixed income should have to choose between potentially lifesaving medication and paying their bills.
Assemblyman Angelo Santabarbara
111th Assembly District