The Massive Tax Cuts for the Rich Inside the GOP Health-Care Plan

Washington Post: “Just two provisions in the Republican plan would allow the richest households to pay an average of nearly $200,000 less under the GOP plan, according to the nonpartisan Tax Policy Center.”

“One is 0.9 percent on taxpayers earning more than $200,000 in wages and salaries a year, or $250,000 for married couples. Those households must also pay a surcharge of 3.8 percent on income from several kinds of investments. Together, these taxes are projected to raise $346 billion over the next decade, according to the nonpartisan Congressional Budget Office.”

“At the same time, working- and middle-class households would no longer receive the same financial assistance that Democrats established to help them buy health insurance.”

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