News
Wealthy Would Get Billions in Tax Cuts Under Obamacare Repeal Plan
March 11, 2017 /
Two of the biggest tax cuts in Republican proposals to repeal the Affordable Care Act would deliver roughly $157 billion over the coming decade to those with incomes of $1 million or more, according to a congressional analysis.
The assessment was made by the Joint Committee on Taxation, a nonpartisan panel that provides research on tax issues.
It is not unusual for tax cuts to benefit mostly the wealthiest, but still save some money for a majority of Americans. But the benefits of these reductions would be aimed squarely at the top.
By JESSE DRUCKER
MATR Supporters (view all)
Posted in: Government News & Events
Sorry, we couldn't find any posts. Please try a different search.