One Certainty of G.O.P. Health Plan: Tax Cuts for the Wealthy

[Faygo Kid]

Source: New York Times

The House Republicans’ plan to replace the Affordable Care Act is messy and confusing. No one is sure exactly how Americans will be affected and how much more health insurance will cost them.

But there are two certainties. Their health care plan provides a tax cut for the wealthiest Americans. And it will make it easier for Republicans to pass more tax cuts this year. It could also be viewed by some people as a break from some of the populist campaign promises President Trump made to lift up the country’s “forgotten men and women.”

The Congressional Budget Office analysis of the Republican plan released this week revealed the full scope of the windfall that the legislation would bring. It offers billions of dollars’ worth of tax cuts to health insurers, pharmaceutical companies, investors and even tanning salon operators. The cuts amount to nearly $1 trillion over a decade. The beneficiaries would be the richest Americans who for years have complained that the Affordable Care Act unfairly burdened them with the responsibility of subsidizing insurance for the poor. . .

Read more: https://www.nytimes.com/2017/03/15/us/politics/obamacare-repeal-tax-cuts.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news&_r=0

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Well, duh. Some things never change.

[Honeycombe8]

1. This is such a blatant taking from the poor to give to the rich...

that I'm astounded they're getting away with it, even with their own supporters. Don't working class Trumpers have any spine left?

[red dog 1]

2. K&R!

Nancy Pelosi summed up the GOP health plan today on NPR's "All Things Considered"

"Understand this about Republicans, and then you'll understand part of what our challenge is here.
They are always gearing whatever they do to benefit the high end.
This is the biggest transfer of wealth in the history of our country, in terms of hundreds of billions of dollars going into the pockets of the top 1 percent of the people in our country, at the expense of the good health of our middle class and those who aspire to the middle class."
http://www.npr.org/2017/03/15/520301553/pelosi-says-democrats-have-a-responsibility-to-look-for-common-ground-on-health

(Interesting to note that All Things Considered commentator Robert Siegel kept interrupting Rep. Pelosi throughout the interview)

[bucolic_frolic]

3. Everyone start a home business and buy from each other and

stop buying from the 1% and their corporations and work for ourselves.

When their money stops they will understand.

[hay rick]

4. Tax cuts for the rich...

It's the core Republican principle and also the only Republican principle. Everything else is posturing.

[hibbing]

5. "No one is sure exactly how Americans will be affected"

So there is some uncertainty that millions of Americans will lose their insurance?

Peace