The GOP’s Plan Is Basically a $600 Billion Tax Cut for Rich Americans
The bill wipes away Obamacare’s taxes, which fell most heavily on those earning $250,000 and up.
by Derek Thompson
Mar 07, 2017
2 minutes
The GOP’s Obamacare replacement bill has an identity crisis. It repeals the individual mandate and replaces it with . It preserves the Medicaid expansion just long enough to anger Republicans, but not enough to please Democrats. It replaces Obamacare’s subsidies with tax credits that liberals consider impoverishing and conservatives consider unacceptable.
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