Harrop: Who benefits most from GOP healthcare plan? Rich, blue states
“Trumpcare is really a tax break for the rich, not a health care program,” Sen. Chuck Schumer, D-New York, said about the Republican House bill to decimate the Affordable Care Act. He was right.
Sen. Rand Paul, meanwhile, panned the bill for not cutting those taxes fast enough. “It keeps the Obamacare taxes for a year,” the Kentucky Republican complained.
It’s old news that Republican plans to basically kill Obamacare would hit Trump country the hardest. In Kentucky, for example, Obamacare brought coverage to a half-million people (out of a population of 4.4 million) — with 4 in 5 joining the expanded Medicaid program because their incomes were so low.
But there’s a flip side to this story. This upward transfer of wealth would help already-rich regions get fatter. And few would do better than Schumer country.
New York City accounts for less than 3 percent of the nation’s population but 12 percent of individuals with at least $30 million in net assets. And that’s not including the fabulously flush suburbs.
http://www.heraldnet.com/opinion/harrop-who-benefits-most-from-gop-plan-rich-blue-states/?utm_source=DAILY+HERALD&utm_campaign=2a8155a06d-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_d81d073bb4-2a8155a06d-228635337