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NightWatcher

(39,343 posts)
Tue Mar 14, 2017, 05:01 PM Mar 2017

This isn't a Healthcare Bill it's a Tax Cut for Millionaires

funded by yanking health insurance away from 15-25 million Americans.

In 2020 we've got to appeal to the 50% who do not vote and are survivors of the sick and dead that Paul Ryan created.

Fuck the trump voters. If they don't come around on their own, we don't need them.

It will be easier to mobilize the non voters than to flip the trump voters.

5 replies = new reply since forum marked as read
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This isn't a Healthcare Bill it's a Tax Cut for Millionaires (Original Post) NightWatcher Mar 2017 OP
Today most pundits are saying it is not gonna pass. dixiegrrrrl Mar 2017 #1
Are there tax credits for high-income folks? Is it if they have employer healthcare? jmg257 Mar 2017 #2
It repeals taxes that were created by Obama to pay for the ACA NightWatcher Mar 2017 #4
Ok - got it - thanks so much! nt jmg257 Mar 2017 #5
Forget 2020, if we don't flip one house in 2018 forget about it... Blue_Tires Mar 2017 #3

dixiegrrrrl

(60,010 posts)
1. Today most pundits are saying it is not gonna pass.
Tue Mar 14, 2017, 05:06 PM
Mar 2017

But I STILL would like to see it called TrumpCare as often & in as many places possible.
He is trying to schooch backwards from it now, knowing it is dead.

NightWatcher

(39,343 posts)
4. It repeals taxes that were created by Obama to pay for the ACA
Tue Mar 14, 2017, 05:56 PM
Mar 2017

https://mobile.nytimes.com/2017/03/10/business/tax-cuts-affordable-care-act-repeal.html


One of the taxes targeted in the repeal bill is a 3.8 percent tax on investment income, like capital gains. The other is a 0.9 percent surcharge on the Medicare taxes imposed on high-income earners — individuals making more than $200,000 a year and married couples filing joint returns who earn more than $250,000 a year. That brings the Medicare tax levied on that income up to 3.8 percent as well.

The tax repeal would solely benefit wealthy Americans because the taxes were imposed only on the wealthiest. The increases were passed in 2010, when capital gains rates were near historical lows. During the George W. Bush administration, Congress cut the rates to 15 percent from 20 percent. With the 3.8 percent tax imposed by the Affordable Care Act, the top capital gains rate stands at 23.8 percent for the wealthiest Americans. That still makes the rate lower than it was for most of the 1970s, 1980s and 1990s.


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