I just looked at the CBO scoring. I am a little sick to my stomach. Over the ten year period between 2017-2026 the CBO estimates a CUT in Medicaid spending of 880 BILLION DOLLARS. Over that same time period, mostly due to the elimination of that 4.7% surcharge on investment income for those with incomes in excess of $250,000 a year, revenues will decline by 880 BILLION DOLLARS.
WTF
Medicaid, BY DEFINITION, is for the POOR. And not just income, but assets too. Medicaid is MEANS TESTED. So, this repeal takes money away from individuals with little to no income and little to no assets and BESTOWS it to those making more than a quarter million dollars a year.
You will be judged by how you treat the least among you.
Wrong. It stops the stealing of money from those who earned it and giving it to those who have not.
Oh that is rich. They "earned" it? Then how come they call it "UNEARNED INCOME"? And better, if they "earned" it, then they can pay taxes on it as if they "earned" it. That is fine by me. Now, they pay 24.7%. With an ACA repeal they pay 20.0%. But if they paid taxes on that income like they pay on their EARNED income it would be 39.6%.
Do have even the slightest clue what you are talking about? The only "unearned" income is stolen, like taxes.
Look, if you don't understand the difference between earned and unearned income you are wasting my time. Your spouting of nonsense memes like collecting taxes is equal to stealing only confirms your ignorance.
This "bill" is about 4.7%. A 4.7% that probably nobody on this board has any experience with. A 4.7% that you will not hear talked about on the news. It is like it is a big secret.
Hell, FOX News, today--880 billion dollars in tax cuts, they claim it is a taxcut for the middle class and "working" Americans. What a damn lie. No one making a quarter million dollars a year is in the "middle class". Especially not with a significant amount of "unearned income".
And almost every dollar of the cost comes from Medicaid. The rest is just a bunch of shuffling around costs, from the weak to the powerful. The cost all come out of Medicaid and the savings all go in to the pockets of those making more than a quarter million dollars a year. Morally, it is nothing short of reprehensible. And yeah, Karma really is a *****. Congress passes this there will be consequences, big consequences.