On Thursday the House passed the American Health Care Act (HR 1628). The act reduces taxes by over $1 trillion. Americans for tax reform has made a list of taxes imposed by Obamacare and abolished by AHCA:
-Abolishes the Obamacare Individual Mandate Tax which hits 8 million Americans each year.
Abolishes Obamacare’s Medicine Cabinet Tax which hits 20 million Americans with Health Savings Accounts and 30 million Americans with Flexible Spending Accounts. This is a $6 billion tax cut.
-Abolishes Obamacare’s Flexible Spending Account tax on 30 million Americans. This is a $20 billion tax cut.
-Abolishes Obamacare’s Chronic Care Tax on 10 million Americans with high out of pocket medical expenses. This is a $126 billion tax cut.
-Abolishes Obamacare’s HSA withdrawal tax. This is a $100 million tax cut.
-Abolishes Obamacare’s 10% excise tax on small businesses with indoor tanning services. This is a $600 million tax cut.
-Abolishes the Obamacare health insurance tax. This is a $145 billion tax cut.
-Abolishes the Obamacare 3.8% surtax on investment income. This is a $172 billion tax cut.
-Abolishes the Obamacare medical device tax. This is a $20 billion tax cut.
-Abolishes the Obamacare tax on prescription medicine. This is a $28 billion tax cut.
-Abolishes the Obamacare tax on retiree prescription drug coverage. This is a $2 billion tax cut.
Read more here.
Jeanine Martin
Also known as Lovettsville Lady, I am a Republican activist in the wilds of western Loudoun County.
32 comments
The AHCA is not and was not a perfect bill. Sadly we have alot of RINO’s who want Obama Care to stay in effect. This was maybe the best that could be done. But Krauthammer is right, if we’re not careful, in 7 years Single payer will be the law of the land.
Getting a little ahead of the game ain’t ya? It’s very likely that the nation will be 30 Trillion in debt before Trump faces his next election. $1 Trillion is pocket change, if it even happens.
So what you are saying is that Trump will follow in Obama’s footsteps? Obama doubled our debt in 8 years and there were few complaints. If Trump does the same, it will be “an outrage.” Democrats said that debt didn’t matter for 8 years. Suddenly, they seem to think it matters very much. Curious, isn’t it?
Here is the beautiful, fantastic Trumpcare plan;
https://www.usnews.com/opinion/policy-dose/articles/2017-04-27/republicans-are-breaking-6-health-care-promises-in-trumpcare-20
Yeah. i can finally stop paying for insurance. Does not matter that I have several conditions. I’ll simply go the the ER anytime I need and never pay. Or I will wait until I truly need help and find a job that offers no restriction insurance. You suckers get to pay for me while I pocket your money big time. Your rates go up and up while I live off of you. Yeah me!
How about telling me how someone goes to the ER, and doesn’t have to pay? If you have nothing the bill collectors can take, it may be free, but if you own anything, the collectors are going to take it in bankruptcy court.
Who cares. If I get terribly sick and go bankrupt, I still don’t have to pay my bills thanks to the GOP
Jim, I’m sorry, but you are just wrong on that. No one declares bankruptcy just because of an ER bill, and bill collectors can not and do not take your possessions. Hospitals usually just write off the balance when they know patients can’t pay. It doesn’t do any good to try to get money from someone who has nothing, and bill collectors are restricted by law in the methods they can use.
Read my comment, again, if you have nothing you are safe. However, if you own something of value, they are going to take it to pay the bill. That has been acknowledged by the staff in my congressman’s office. If that were not true, why would anybody care about health insurance knowing they could go to the ER for free??????
It would be totally stupid for someone to pay for health insurance if anybody could just walk into the ER for free.
Why is that? Not everything is treated in the ER. What if you need to be admitted to the hospital? What if you need surgery? There are a thousand ‘what ifs’ that insurance covers that have nothing to do with the ER.
If one has a job, auto, house, boat, whatever, and they rack up a bill in the ER, eventually the bill will be turned over to collections if not paid. Any significant amount will end up in court. Unless one can prove that they do not have the ability to pay.
Yes indeed. These YUGE tax cuts courtousy of the AHCA! AHCA = Repealing Obamacare’s stranglehold on the middle class. President Trump keeps on #MAGA. Special SHOUT OUT to my 5th District ROCK Congressman Tom Garrett for helping to #MAGA!
And it’s ONLY BEEN 4 months with this administration. #NotTiredOfWinningYet
Those are mostly taxes that rich people pay, do your homework.
Have you ever earned lots of money without offering for sale a thing and even without working on any mlm marketing sort of business without having to make an investment any-thing. I must share with you a job wherein all of tools is actually alloted to you and also it is a relatively easy in addition to really easy work. Not necessary to build your personal website domains and many more., all will be presented to you 100% free. Visitors definitely will browse the landing page so you are going to get compensated for that. Its as simple as that. I’m getting big profits from home from this work exactly like $20000 every month and sometimes more and if you also actually want to get paid same as that then follow these particular not very difficult directions by looking at this homepage
➤➤➤http://www.BestOnlineHomeJobs@Wage.com…...
Not all. I pay a huge Obamacare tax on my Medicare.
How so?
What are you asking?
Where is the Medicare tax you pay?
In the Obamacare coffers
In the government coffers – it goes to pay for Obamacare subsidies
Not true. HSAs are pre tax savings acts for medical expenses. O-care limited the amt I could save for my hearing aids. Not helpful.
It’s not a repeal! I guess if you call that winning!
Yup, more of a tax cut than a healthcare plan, but that’s because that’s mostly what they’re allowed to do through reconciliation. I think it’s a good first step. Sadly, the Senate is likely to compromise the legislation and dramatically increase costs.
Both party’s in congress have become nothing more than “cock holsters” for lobbyists, special interest, and the media. The media and lobby runs the government because they choose he narrative.
Very few in these blogs are interested in smaller government in the least. Anything that is recommended that would result in smaller government is immediately abandoned.
The Senate will dump a pile of S-t on Trumps desk, and he will call it the greatest healthcare plan in the world. Trump and the Republicans will be kicked out ASAP. Just watch.
I don’t disagree, but that’s our world. Once you accept it as reality, you learn to think inside that reality. If you try to act outside of that reality then you’re operating in the idealist world, where there is no impact.
If you accept that as reality then there is no more America.The ‘idealists’ developed the vision and created this country. If all the people want is what you think is real then we may as well drop all our worldly pretense and quit wasting our lives seeking out something better. Give up. Accept the meager scraps. And die. That’s your reality.
Your ancestors would be impressed.
If you’re unwilling to take small steps forward, you’ll never get anywhere.
If you are unwilling to cross the line to a new reality, you are merely running in circles.
A small minority of conservatives will not usher in a new reality.
Then quietly accept your servitude.
And you can loudly reject yours. 🙂
Here’s some reality for K Steet Gillespie. To guarantee that the corruption based Virginia General Assembly does not seek a waiver to deny affordable healthcare coverage to people with pre-existing conditions, it is then essential that our next governor be a Democrat to block it from ever happening. Goes for all 50 states. Democrats will have to be elected to block the Trump healthcare waivers.
Also, we keep hearing how all but one health insurance provider has pulled out of certain counties in Virginia, Iowa, and other states. Well, why isn’t it time to allow out of state providers to come into these states like Trumps and Republicans promised??? Could it be because they are nothing but lies?
Only a fool would believe anything Trump says.