(Article by David Hodges republished from TheCommonSenseShow.com)
I would like nothing better than to say that President Trump rediscovered his resolve to serve the American people and he delivered a healthcare bill that will put America on a par with our counterpart nations.
America, you have just entered the danger zone because of healthcare.
Unfortunately, Trumpcare is not only bad for average Americans, in many ways, it is worse than Obamacare. I got to look at the numbers thanks to an Arizona state legislator who wants to remain anonymous. This person was angry, shocked and dismayed, as we all should be.
Let’s take a look at the problems associated with healthcare and then analyze our new plan in terms of the soon-to-be-threats.
The following paragraphs address Trump’s healthcare promises and what he delivered in relation to the six principles listed above.
Repeatedly, on the campaign trail, candidate Donald Trump pledged that his plan for health care would assure that every American had healthcare coverage. For example on the campaign trail, he said that he was promising to “take care” of everyone. That was a lie. Seven million Americans will lose healthcare from their employer.
Many organizations including IBT, are saying that Trumpcare takes healthcare away from 24 million American citizens, but does not touch programs designed for free health care for immigrants.
As if they do not make enough money, the managed care companies and the pharmaceuticals will $600 billion in tax breaks. The middle class and poor Americans get no tax breaks. An obscene total savings of $275 billion in tax cuts goes to the richest 2%. People making a million dollars per year will receive a $50,000 tax break each year from repeal of the ACA’s taxes on the rich.
As a result of this loss of tax revenue due to the tax cuts for the wealthy, an estimated 15 million American low-income children and senior citizens will lose their medicaid coverage leading to more financial devastation among these group, not to mention being at risk for premature death. Meanwhile, the managed care companies will receive $145 billion in tax breaks over the next 10 years.
Some sources, who have analyzed Trumpcare, state that the 400 richest families will receive a tax cut of $7 million per year due to the generous Trumpcare policies.
For Medicare and Medicaid participants, insurance companies could increase the elderly’s health care by a whopping $13,000 per year. This is a life-threatening event! Additionally, there are no protections from prescription increases of any amount. Can you say euthanasia for the elderly? Meanwhile, the prescription companies are going to realize $25 billion in tax cuts on a yearly basis.
Trumpcare slashes coverage for low to moderate-income households so insurers, drug companies, and wealthy Americans can get huge tax cuts –
“Republicans who support Donald Trump’s health care plan would vote for what Democrats have slammed as a package of tax breaks for the wealthy. One of the new tax breaks in the GOP’s bill to repeal Obamacare which will benefit Republican lawmakers and top officials in the Trump administration, an International Business Times review has found.”
“Trumpcare implemented a Net Investment Income Tax (NIIT), which slapped a 3.8 percent tax on investment income for the wealthiest Americans. The tax covers couples making over $250,000 a year and single people making over $200,000 a year, so not many people end up paying it: only 3.4 million out of 147 million tax returns filed in 2014 paid the tax, or 2.3 percent of all filers, according to the Citizens for Tax Justice.”
Forget what I say, let’s look at what IBT is reporting the following disturbing news:
The IBT review of tax records found that some of the top Republicans in the country have been among those 3.4 million taxpayers, meaning Republican lawmakers’ Obamacare repeal could end up delivering tax breaks worth thousands of dollars — and in some cases millions — to fellow public officials in their party.
Illinois Republican Gov. Bruce Rauner, who made millions in private equity before running for governor in 2014, paid $6.6 million in NIIT as part of $169 million he made from investments in 2015. Ohio Gov. John Kasich, a former Lehman Brothers executive, paid $5,799 in NIIT after making $143,061 from capital gains in 2014. While he hasn’t released his tax returns since 2013, Politico estimated Florida Gov. Rick Scott, who has called for an end to Obamacare taxes, could save between $250,000 to $500,000 in taxes if the NIIT is repealed.
More than half a dozen governors are now worth more than $100 million, including Tennessee Gov. Bill Haslam, a Republican, who is worth $2 billion, and West Virginia Democrat Jim Justice of West Virginia, who is worth $1.6 billion.
The repeal of the tax on investment income could also be a boon to Trump cabinet officials such as Secretary of Commerce Wilbur Ross, Secretary of State Rex Tillerson and Secretary of Education Betsy DeVos whose financial disclosure forms detail their vast investment holdings. If the GOP bill is enacted, the income those Trump officials earn from selling their investments would not be subjected to the levy.”
GRAFT-CORRUPTION-BETRAYAL
Conclusion
This is all distressing beyond words. Unquestionably, this is a slow-burn genocide against tens of million supporters.
Stay tuned America, it is time for some good ole’ civil disobedience. Any thoughts or ideas on this? Please leave a comment.
HERE IS A BRIEF VIDEO SUMMATION HEALTH CARE, TO SHARE WITH FRIENDS AND FAMILY:
https://www.youtube.com/watch?v=NNqXNsxbSxA
Read more at: TheCommonSenseShow.com