Repealing Obamacare would mean big tax cut for the wealthy

Posted by | December 4, 2016 11:58 | Filed under: News Behaving Badly Politics

One of the consequences of repealing Oamacare would be a windfall for the rich.

“More than 20 million Americans could lose health insurance from the repeal of Obamacare. But not everybody would suffer. And among those who stand to gain are the richest people in America,” the Huffington Post reports.

“That’s because Obamacare didn’t just change insurance arrangements. It also raised taxes on corporations and individuals. Repealing the law would mean repealing those taxes, with significant benefits going to millionaires and multimillionaires. President-elect Donald Trump might even be one of them.”

Click here for reuse options!
Copyright 2016 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

5 responses to Repealing Obamacare would mean big tax cut for the wealthy

  1. Obewon December 4th, 2016 at 14:43

    Billionaire Koch Bros salivate over the ACA’s mere 3.5 pennies per dollar they’ll save by no longer being required to pay workers HC, for those that built their poison coal slurries. https://uploads.disquscdn.com/images/197619b11ebd2492f1db60bdb84ec34577d23664669ff291e1ffb4d34641e7d2.jpg Koch brothers’ father built oil refineries for Hitler and Stalin. http://www.npr.org/2016/01/19/463565987/hidden-history-of-koch-brothers-traces-their-childhood-and-political-rise

    • bpollen December 4th, 2016 at 18:41

      The rotting fruit doesn’t fall far from the tree.

  2. Tommie December 4th, 2016 at 16:42

    We have already known that, damn the masses!

  3. amersham1046 December 4th, 2016 at 19:22

    Big tax cuts for the wealthy, can you think of anybody more deserving

  4. Gary Parillo December 5th, 2016 at 03:54

    Once a 1% er,always a 1%er.Gop would rejoice if all us poor,elderly,and disabled would just die so they could gain even more than they already steal.Plutocracy at its finest.

Leave a Reply