Individual mandate repeal/ Tax Cuts and Jobs Act

Discussion in 'Economy' started by Supposn, Nov 15, 2017 at 12:01 AM.

  1. Supposn
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    Supposn VIP Member

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    Individual mandate repeal/ Tax Cuts and Jobs Act

    Refer to:
    Senate Republicans will try to repeal a core piece of Obamacare in their massive tax bill

    Senate Republicans are seriously considering modification of their “Tax Cuts and Jobs Act” draft to repeal the individual healthcare mandate.

    Thus due to consequentially less younger and healthier people will refrain from purchasing insurance, the proportions of older and/or less healthy people will increase within a diminished sized pool of those with medical insurance. It will significantly increases medical insurers' costs, medical insurance prices paid by individuals and families, numbers of people that are not insured by an adequate medical plan.

    Rather than increasing direct federal costs attributed to the Patient Protection Affordable Care Act, ( ACA), it reduces those direct costs because of the great reduction of people that will receive federal subsidized medical insurance (which is less affordable due to the induced increased prices).

    Three major Republican purposes for increasing medical insurance prices are to: (1) Undermine the the ACA. (2) More greatly enable reduction of income tax rates. (3) Eliminate the alternative minimum taxes, (AMT).

    Eliminating the individuals medical insurance mandate, thus increasing prices of such insurance, then also increase direct and indirect medical costs to states and local governments, and additionally medical emergency rooms that will provide their greatly more expensive care to those that must use them for primary care. These additional costs will to some extent indirectly reflect back upon our annual federal budgets.

    Respectfully, Supposn
     
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  2. Penelope
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    Penelope Gold Member

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    I agree. I have watched them on Cspan and the GOP are so into pleasing the wealthy and businesses. its actually disgusting what they are doing or trying.

    If one thinks this is the tax cut for the middle or lower income, think again. I will never vote for a republican again,
    at the state or local level either. The games that they play,

    I am sick of their alt right Christianity as well, CINOs.
     
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  3. rightwinger
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    Risky move that may cause their Tax bill to crash and burn

    There are already Republican Senators who are on the fence about the tax bill adding to our debt

    Throw in those Senators who voted against repealing Obamacare and you are doomed
     

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