Bammycare was nothing more than tax, after tax, after tax imposed on American citizens...IMHO all designed to bankrupt this country. The SOB should be in prison...and to think that Justice Roberts went along with all of this!
AHCA cuts $1 trillion in ObamaCare taxesThe Republican-authored American Health Care Act would drastically overhaul -- again -- the nation's health insurance system.
With its passage in the House on Thursday, supporters claimed the bill would lower premiums and give struggling patients more choice. Opponents say it would leave vulnerable and elderly customers facing higher costs and lead to less coverage.
But one thing's for certain -- the bill, which still would need Senate approval, guts ObamaCare taxes. According to the White House, the cuts amount to $1 trillion.
Though most the changes won’t be implemented until 2018, at the earliest, here is an overview of some of the major taxes slated for elimination and cuts.
Employer mandate tax: Mid-sized and large employers currently must offer health insurance to most full-time employees or face penalties. Combined, the individual mandate tax repeal and the employer mandate tax repeal are estimated to offer a $270 billion tax cut.: If you can afford health insurance but choose not to buy it, under the Affordable Care Act, or ObamaCare, you must pay a fee called the "individual shared responsibility payment."
The GOP House bill would abolish the individual mandate tax – which an estimated 8 million Americans pay every year. According to HealthCare.gov, that translates to at least $695 per adult, and often more for higher-earning households. The GOP bill would, however, allow insurance companies to impose a surcharge in some cases for lapsed coverage
Employer mandate tax: Mid-sized and large employers currently must offer health insurance to most full-time employees or face penalties. Combined, the individual mandate tax repeal and the employer mandate tax repeal are estimated to offer a $270 billion tax cut.
Medicine cabinet tax
Chronic care tax
Excise tax
Health insurance tax
Prescription drug tax ............
http://www.foxnews.com/politics/2017/05/05/ahca-cuts-1-trillion-in-obamacare-taxes.html
