Here we go again - Read the article sm Posted: Nov 28th, 2017 - 1:59 am In Reply to: Per CBO - where do you fall
Here's the article:
https://www.washingtonpost.com/news/wonk/wp/2017/11/26/senate-gop-tax-bill-hurts-the-poor-more-than-originally-thought-cbo-finds/
Here's the gist:
The CBO rated the Senate tax bill. The Senate tax bill repeals the Obamacare mandate. The CBO included people who would CHOOSE NOT TO PAY THE MANDATE in their calculations. That includes people who would voluntarily lose their health insurance if they didn't have to pay a penalty.
Then they totaled up the projected costs that could be associated with losing health insurance into their numbers. They also included the costs of keeping health insurance without as big of a subsidy, because no mandate equals less subsidies, for some reason.
I did like the part about how most people making less than $75k would be worse off by 2027. What's significant about 2027? The Senate tax plan is set to expire in 2026. Yep. They'll be worse off in 2027 because their tax cuts expired the year before.
Doesn't that mean the tax cuts actually helped them?
I don't want to call this fake news. How about misleading news?
LINK/URL: Here we go again
Post A Reply Reply By Email Options
Complete Discussion Below: (  marks the location of current message within thread)
- Per CBO - where do you fall (Views: 1543, 2017-11-27, 6:42 pm)
- Here we go again - Read the article sm
|
