Repealing Obamacare is A Giant Middle Class Tax Cut

by
December 13, 2016

Congressional Republicans have vowed that one of their first acts next year will be to send legislation repealing Obamacare to the desk of President-elect Donald Trump.

Doing so will not only repeal a failed law that has resulted in skyrocketing premiums, cancelled healthcare plans, and billions in new, wasteful spending, it will also provide a giant tax cut to middle class Americans.

Obamacare imposed roughly one trillion in higher taxes over ten years, including at least seven that directly hit middle class families. Repealing these taxes will provide much needed relief to the paychecks of families across the country.

Repealing Obamacare will also undo Barack Obama’s broken promise not to sign “any form of tax increase” on any American making less than $250,000.

Individual Mandate Non-Compliance Tax ($43.3 billion tax hike between 2016-2025)

Anyone not buying “qualifying” health insurance – as defined by President Obama’s Department of Health and Human Services — must pay an income surtax to the IRS. In 2014, close to 7.5 million households paid this tax. Most make less than $250,000. The Obama administration uses the Orwellian phrase “shared responsibility payment” to describe this tax.

  • Tiger
  • Tiger
  • Tiger

    You bet and it will save millions of old folks from an early death and young folks from a tax burden that they don’t deserve in the form of penalties. They had a thing going here folks biggest Ponsi scheme around. Kill off the oldsters and those with illnesses that cost us, like caner, diabetes, heart disease, etc. A good disposable system for those who can’t contribute anymore and then paying for all the peons and all the women’s health needs even if you don’t have a wife. While nobody in Congress or the government had to have it they had something else. When Americans going to realize once and for all, we don’t live in a Dictatorship, we fought a war for Independence and why would we want anything else? Believe me these people would have learned quickly that they were “Worthless” to this new World Order and “Expendable”.

    • itsfun

      Did you see how the life expectancy has gone down since the Obamacare tax became law?

      • Tiger

        Surely did. This thing is two huge books long. They had a copy of it at our library. I sat and looked into the things I was concerned about but there is so much in this law that has nothing to do with Healthcare and everything to do with controlling us. Like even talks about wood stoves. This thing is huge.

        • itsfun

          Controlling us is the goal of the left. Look at what they want to head the DNC now. I wonder which states he will demand be black only?

          • Tiger

            Yeh a Muslim Brotherhood supporter let them they came out of the closet long ago and I am happy and hope the next election they have Keith and no flags and nothing about Israel, blast Christianity and all dress like Brown Shirts.

  • Netencho

    BEEP, BEEP, OBAMACARE… DOWN FOR CRASH!! AMERICA!! TELL THE RADICAL, RACIST, ISLAMIST LOVERS, AND THE SOCIALIST IDIOT MEDIA….. MR. DONALD J. TRUMP…. WON… AND IS THE CHOSEN ONE, NOT ONLY BY THE PEOPLE….. BUT A GREATER SOURCE. NOTHING YOU ALL COME UP WITH WILL CHANGE THE OUTCOME. BELIEVE IT OR NOT…..SO… SUCK IT UP BUTTERCUPS!!
    https://uploads.disquscdn.com/images/7f19dfda212d69ac9735ad4859e191f2b4440f81d27ecaca6078c9fd833a1d42.jpg https://uploads.disquscdn.com/images/106ea0d3040451fc6eb0517c178960b329e06099b4dceaf648059afcd69b93c6.jpg

  • justinwachin

    Once Obamacare is repealed hopefully several laws will be enacted to protect citizens as we return to a free market. Provisions need to be made to provide insurance for those who have pre-existing conditions. I don’t advocate giving people free insurance but they need to be able to get insurance which they can afford.

    Hopefully several measures will be put in place to open the door for increased insurance competition and a variety of plan options. Employers should not be required to provide birth control coverage or other procedures which would go against the owner’s beliefs, but any such exclusions should be noted in a manner so the policyholders will know what will not be covered.

    This would be a good opportunity for the Republicans to present health care legislation that will lead to lower costs and greater opportunity.

    • itsfun

      Actually I don’t have any problem with us (taxpayers) giving the best care possible to people with existing conditions such as MD, MS, Parkinson’s, Cancer, etc. I do mean the best care possible, not like the VA is doing for our veterans . I don’t think a insurance company should be forced to pay for someone that was not a customer when they got sick. To me that is like making a car insurance company pay for my wrecked car after I buy a policy.

  • bobnstuff

    So the republicans will throw the baby out with the bath water. There are a number of good things in the ACA that will also go away if it’s repealed. Some of the things people like are the very things that are making the rates go up. Just repealing the bill will not make you insurance go back down. It’s easy to blame the ACA for your rates going up but the cost of healthcare has sky rocketed over the last few years. Look at the cost of prescription medications, in some cases the have gone up 500% or more. Without cost controls of some sort your heath care cost will stay throw the roof and the drug companies and the insurance companies will continue to make very large profits.

    • itsfun

      The mandate should disappear. its not working anyway. I would like to see more competition. Allowing companies to compete over state lines should help. I also think we the taxpayer should accept the cost of those with existing conditions of terrible diseases. I don’t believe in making private industry take on the cost of pre-existing conditions. We should give those folks with terrible diseases the best possible care known to man, not like the “care” we give our veterans. Things like making a man purchase coverage for maternity care is also a bad thing. I am yet to know a man that got pregnant. People should have a choice on what coverages they want, the government shouldn’t be mandating what coverages they have. We should have some kind of national health care.

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