Big winners in Senate tax plan: the wealthy and their heirs (exempts 1st $22M in inheritance from taxes, later all such income; ends alternative minimum tax that insures rich pay at least some tax). Corporations (tax rate cut from 35 to 20%). Cost: $1.4T https://apnews.com/4fa73e28fbf74377b65ba4a9434ec7e3/Winners-and-losers-under-the-Senate-tax-overhaul-proposal?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosam&stream=top-stories …
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Plenty to hate about this bill including using as cover for ending ACA mandate. But curious: why assume everyone will "lose" their coverage if mandate is eliminated?
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Because without the mandate, fewer people will sign up, especially young, healthier people. With a shrinking risk pool, rates go up. People can't afford higher rates, so they lose their insurance.
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Oh thanks, Dr Fall
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Wow my thumbs are wine disempowered
End of conversation
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Even
@forbes thinks this bill is a horrible idea. GOP an intellectually and morally bankrupt party.Thanks. Twitter will use this to make your timeline better. UndoUndo
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This is an honest intelligent & incredibly knowledgable man. Listen to what he says.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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And today Trump lied, and said "this bill won't help me at all." Even a quick read of his leaked 2005 short returns shows that he will save an easy $22 million off inheritance. Trump really has no sense of right or wrong, I fear for our country.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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