Obamacare Repeal Would End More Than $1 Trillion in Taxes
GOP Obamacare Repeal would END more than $1 TRILLION in Taxes
May 5, 2017
While the just passed AHCA House bill is far from perfect, it most certainly offers a massive improvement over the Obamacare law. However, it’s strength isn’t what it offers… it’s what it strips away from Obamacare. The AHCA bill eliminated over $1 TRILLION in taxes!
From Americans for Tax Reform:
-Abolishes the Obamacare Individual Mandate Tax which hits 8 million Americans each year.
-Abolishes the Obamacare Employer Mandate Tax. Together with repeal of the Individual Mandate Tax repeal this is a $270 billion tax cut.
-Abolishes Obamacare’s Medicine Cabinet Tax which hits 20 million Americans with Health Savings Accounts and 30 million Americans with Flexible Spending Accounts. This is a $6 billion tax cut.
-Abolishes Obamacare’s Flexible Spending Account tax on 30 million Americans. This is a $20 billion tax cut.
-Abolishes Obamacare’s Chronic Care Tax on 10 million Americans with high out of pocket medical expenses. This is a $126 billion tax cut.
-Abolishes Obamacare’s HSA withdrawal tax. This is a $100 million tax cut.
-Abolishes Obamacare’s 10% excise tax on small businesses with indoor tanning services. This is a $600 million tax cut.
-Abolishes the Obamacare health insurance tax. This is a $145 billion tax cut.
-Abolishes the Obamacare 3.8% surtax on investment income. This is a $172 billion tax cut.
-Abolishes the Obamacare medical device tax. This is a $20 billion tax cut.
-Abolishes the Obamacare tax on prescription medicine. This is a $28 billion tax cut.
-Abolishes the Obamacare tax on retiree prescription drug coverage. This is a $2 billion tax cut.
This is the single best reason to support the imperfect GOP bill that just passed the House.
Call your Senators and tell them they better vote to support the House Bill or you, the American voter, will make sure that they suffer the consequences of their inaction.
We are America, we hate Obamacare, and we will vote for (or against) politicians depending on how they handle Obamacare repeal.
http://ipatriot.com/gop-obamacare-repeal-end-1-trillion-taxes/
NESARA- Restore America – Galactic News
Source: http://nesaranews.blogspot.com/2017/05/obamacare-repeal-would-end-more-than-1.html
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The very premise of this article is false. Romneycare, falsely labeled “obamacare” handed the medical industry over to insurance companies and the boards of directors of hospitals as well as over to the drug pushers.
And it looks like Trump is just continuing the ruse.
Obamas congress did away with employee healthcare, and it looks as if Trump is going to finish the task by making the health care industry completely immune to any responsibility.
Those who work pay for health insurance but are not actually insured, but those who suck off the government are. Those who have property and have busted their asses to secure their old age are having it taken from them, all it takes is one heart attack to lose everything you have to the greedy bastards who own preferred stock in the medical industry and are already wealthy beyond imagination. ‘
We STILL do not have national health care, which we desperately need. What we have instead is the government once again funneling the working mans sweat into the bank accounts of corporate benefactors.
Romneycare is not national health care, and what Trump is doing is essentially going to make anyone who actually needs medical care ineligible for it and allows insurance companies to only insure the young and health, which gives them a huge profit margin with nearly zero risk.