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Okay-- no smart ass answers...but seriously what is the purpose of this tax credit? Please don't give me the line because Trump is just looking after the rich, blah blah..or the rich pay enough tax so they deserve a tax credit. Both those aren't reasons to make sure they get a tax credit in this bill.
The answer is partly in the quote:
"Another Obamacare tax that takes a big bite out of the bank accounts of the wealthy is the tax on net investment income, or money earned outside of salary or wages. This is separate from the capital gains tax and was estimated to cost the top 1 percent of households an average of nearly $25,000 a year, according to the Tax Policy Center."
Taking away taxes on investment income isn't going to help anyone but the people who were paying the taxes.
"Another Obamacare tax that takes a big bite out of the bank accounts of the wealthy is the tax on net investment income, or money earned outside of salary or wages. This is separate from the capital gains tax and was estimated to cost the top 1 percent of households an average of nearly $25,000 a year, according to the Tax Policy Center."
Taking away taxes on investment income isn't going to help anyone but the people who were paying the taxes.
Well, maybe we should see this for what it really is. The ACA forced one group of people to buy health care for another group of people that they don't even know. Now the GOP plan is trying to stop that practice. That is reality.
But as a health care provider, I would like to see everyone covered, so I have mixed feelings about this new GOP plan. I think they can do better and don't know why they are trying to rush this through.
Well, maybe we should see this for what it really is. The ACA forced one group of people to buy health care for another group of people that they don't even know. Now the GOP plan is trying to stop that practice. That is reality.
But as a health care provider, I would like to see everyone covered, so I have mixed feelings about this new GOP plan. I think they can do better and don't know why they are trying to rush this through.
Healthcare has never been about the people. It's been about the party and $$$$$.
The rich shouldn't pay anything. They're not using government health care. They pay for their own care.
Wait a minute? STOP -- it's not only the rich using their own money.
I know people that make well under 200K paying 17000 K a year for their health premiums. Please tell me where they are getting assistance from the Govt.
In our household we are fortunate to have a company that provides insurance that doesn't cost us personally too much but should they and us get a benefit because i'm sure we are paying taxes like the rich that are used to fund health care costs for other peple?
Wait a minute? STOP -- it's not only the rich using their own money.
I know people that make well under 200K paying 17000 K a year for their health premiums. Please tell me where they are getting assistance from the Govt.
This thread is about the rich "not paying enough".
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