GOP 'health' bill is a $600 billion (at least) tax cut almost entirely for the wealthy - Vox.com

[Bill USA]

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"members of the top 0.1 percent, who each on average make more than $3.75 million annually, would get an average tax cut of $165,090."[/font]


http://www.vox.com/policy-and-politics/2017/3/7/14844362/ahca-ryancare-trumpcare-tax-cut-rich

Most analysis of the American Health Care Act, the new House Republican plan for repealing and replacing Obamacare, has focused on the fact that it will take away health insurance from millions of Americans, including, eventually, millions of poor, elderly, and disabled Americans currently on Medicaid. It’s reasonable in light of that to ask what there is to like about the proposal.

The main answer, for Republicans is Congress, is that it also contains $600 billion in tax cuts — tax cuts that would save the wealthiest 0.1 percent of Americans nearly $200,000 each in a single year, according to a batch of analyses released by the Joint Committee on Taxation on Tuesday.

The Committee for a Responsible Federal Budget helpfully combined them into a single table:




The single biggest tax cut included in the bill is the repeal of the 3.8 percent tax the Affordable Care Act applied to capital gains, dividend, and interest income for families with $250,000 or more in income ($125,000 for singles).
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[Wellstone ruled]

1. There you are kiddies.

Wonderful when you see it in print form and itemized is it not. And this is just a low ball number.

[Bill USA]

2. from the guy M$M insists on calling a "populist".... GOP propaganda. HE's a zenophobic plutocrat

[Wellstone ruled]

3. And it is only going to get worse.

Have heard from a GOP Player,they are all in with this,this has been brewing since 1936,and they are all going for broke. Told straight out,they have the 2018 in the bag.

[dalton99a]

4. Kick.