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GOP Drops Tax Cuts for Big Earners in Revised Health Bill, Sources Say (GOPe KEEPS Obamacare taxes!)
Bloomberg ^ | July 11, 2017 | Laura litvan and Steven Dennis

Posted on 07/11/2017 12:53:59 PM PDT by Alter Kaker

Edited on 07/12/2017 1:49:23 AM PDT by Jim Robinson. [history]

bloomberg


TOPICS: Breaking News; News/Current Events
KEYWORDS: aca; acha; ahca; mcconnell; mitchcare; obamacare; obamacare2; senatehealthcare; trumpcare
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To: Alter Kaker
Those two tax increases generate nearly $231 billion in revenue over a decade, according to the Joint Committee on Taxation. Leaving them in place could create a way to cover the costs of expanded Medicaid coverage for the poor or other programs demanded by holdout moderate Republicans.

I question the judgement of anyone who insists on mixing politics and charity.

Continuing to try is the very definition of insanity.

61 posted on 07/11/2017 2:51:55 PM PDT by publius911 (Less Tweets More Golf! it works!!!)
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To: entropy12

When you have 1 doctor for every thousand patients, one PA for every 450 patients and one person employed in the medical provider field for every 30 patients, you’ll never be able to provide anything other than timely bills.

18% of the entire economic output of the US is spent on heathcare. Compare that to all housing (13%) or federal non healthcare spending ( including education, entitlements and military) of 17%.

Dialing it back to the worldwide average of 10% would slash the US economy more than the subprime market crash and the dot com crash combined.

This is the real challenge and truly shows the genius of a limited government. When so many people depend on the bloated Healthcare system both as clients and for employment it will do only one thing, continue to grow until we return to constitutional limitations.


62 posted on 07/11/2017 2:55:24 PM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: TigerClaws

The healthcare industry wrote the bill?
I could of sworn it was written by that idiot susie powers hubby, Cass sunsteen - while he sat his a** in jail.
Then, polished by the jerkball Rahm’s brother Zeke - just wondering if I have it wrong.


63 posted on 07/11/2017 3:06:44 PM PDT by AllAmericanGirl44
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To: Alter Kaker
A $200+ billion tax hike from the GOP. Thanks Mitch!

So not changing existing tax rates one way or the other - neither increased nor decreased - is a "tax hike from the GOP." Please just stick to the facts...the reality is bad enough as it is without depicting it as even worse than it is.

If we can get rid of most of the rest of this law that will be well worth keeping in place if that is truly what it takes. Granted, there is not much reason for optimism given how 'well' things have gone so far.

64 posted on 07/11/2017 3:11:47 PM PDT by Republican Wildcat
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To: Alter Kaker

All elected federal office holders, House, Senate, President, should be required by law to pay taxes at the highest assessed rate, irrespective of what they make and what they’re worth. No deductions! None. A few years of this and they will be lining up to pass legislation reducing taxes.


65 posted on 07/11/2017 4:08:03 PM PDT by neverevergiveup
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To: Vendome

Only on investment income so if you have 200k in investment income then yes. The 0.9% is on all income though.


66 posted on 07/11/2017 4:10:15 PM PDT by rb22982
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To: Road Warrior ‘04

“Social Security is not an entitlement!!!!”

It is for those who haven’t paid into it but are receiving benefits (I’m not talking about spouses, dependents, or the disabled).


67 posted on 07/11/2017 4:10:44 PM PDT by neverevergiveup
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To: Alter Kaker

THE GOP CAN SMA!


68 posted on 07/11/2017 4:25:55 PM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: Alter Kaker

THE GOP CAN SMA!


69 posted on 07/11/2017 4:26:09 PM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: Alter Kaker

This means that Obamas giant welfare increase is still left partially standing. Historians will credit this Marxist Muslim pig as somehow a creator of benevolence.


70 posted on 07/11/2017 4:29:26 PM PDT by Neoliberalnot (Marxism works well only with the uneducated and the unar)
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To: Alter Kaker

Tax and Spend. Tax and Spend. A giant transfer of wealth. Have they learned nothing?


71 posted on 07/11/2017 4:30:37 PM PDT by ironman
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Comment #72 Removed by Moderator

To: GOPe Means Bend Over Spell Run

The GOPE governors should take the ObamaCare Death Pill and be gone forever.


73 posted on 07/11/2017 4:45:46 PM PDT by Jim W N
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To: Jim 0216

Yes sir, the GOP has failed us yet again. Spineless politicians like these will bring about the end of this great Republic!


74 posted on 07/11/2017 4:47:34 PM PDT by 2001convSVT (Going Galt as fast as I can.)
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To: ironman
The tax and spend mentality will eventually lead to worthless, hyper inflated dollars. Buy silver to preserve your wealth.
75 posted on 07/11/2017 4:52:27 PM PDT by 2001convSVT (Going Galt as fast as I can.)
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To: DoughtyOne

“It is not a tax hike.

Ripping $231 billion out of the private sector economy is pure B.S.

Address it for what it is”.

Right on!!


76 posted on 07/11/2017 5:48:40 PM PDT by laplata (Liberals/Progressives have diseased minds.)
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Comment #77 Removed by Moderator

Comment #78 Removed by Moderator

To: MichaelCorleone

I disagree, we are screwing Clinton’s electorate. She overperformed in all the high income suburbs. Trump won big in working class suburbs and rural areas.
I’m sure Bannon is very happy about this development.


79 posted on 07/11/2017 6:20:58 PM PDT by nbenyo
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To: Alter Kaker

One of these days republicans will have the majority in the senate....


80 posted on 07/11/2017 7:08:33 PM PDT by Chauncey Gardiner
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