Senate healthcare bill quietly adds tax cuts for rich

Senator Dean Heller

That’s correct the “new [Senate GOP] health bill cuts taxes by nearly $1 trillion over the next decade, mostly for corporations and the richest families in America,” as reported by the Washington Post. As usual, the Republicans use a gimmick to slip in breaks for the wealthy that, naturally, puts more money in their pockets. Here’s what former President Obama said on Facebook…

The Senate bill, unveiled today, is not a health care bill. It’s a massive transfer of wealth from middle-class and poor families to the richest people in America. It hands enormous tax cuts to the rich and to the drug and insurance industries, paid for by cutting health care for everybody else.”

When will the average family realize that Republicans work only on behalf of the rich and corporate America and we are getting screwed royally out of rights and benefits that they control? It is beyond me that when we go to the polls, there isn’t a landslide for the left. Bernie Sanders could probably have pulled off something at least close to this reaction, but now we probably will never know. And here are more damning facts that illustrate the arrogance of the GOP when they are in control…

“— Repeal a tax on wealthy investors, saving them about $172 billion over the next decade.

Obama’s health law enacted an additional 3.8 percent tax on investment income for married couples making more than $250,000 a year and individuals making more than $125,000. The Senate bill would repeal the tax this year.

About 90 percent of the benefit from repealing the tax would go to the top 1 percent of earners, who make $700,000 or more,” according to the nonpartisan Tax Policy Center.

“—Repeal a new Medicare payroll tax on high-income families, saving them about $59 billion over the next decade. Obama’s health law enacted an additional 0.9 percent payroll tax on wages above $250,000 for married couples and above $125,000 for individuals. The Senate bill would repeal the tax in 2023.”

“—Repeal a tax penalty on larger employers not providing health insurance to workers, saving them $171 billion over the next decade.”

There’s more and I urge you to go to the Washington Post site and see for yourself.

In the meantime, Senator Dean Heller, a Republican from Nevada, has decided he cannot support the bill, and is joined by four others from his party, GOP Sens. Ted Cruz of Texas, Ron Johnson of Wisconsin, Mike Lee of Utah and Rand Paul of Kentucky, saying they were not ready to vote on the bill, but are willing to negotiate. In Heller’s case, the pro-Trump group, America First Policies launched a major attack against the Senator. Heller also said he would be willing to negotiate on the bill but felt it would be very hard for him to come up with a “yes” vote. It has been reported that Mitch McConnell can afford to lose only two votes for the bill to pass.

Susan Collins, a moderate Republican from Maine, says she hasn’t read the bill’s text, and would make her decision based on the details. Many GOP Senators were locked out of Mitch McConnell’s secret negotiations which, in my mind, should anger the normal human being and make them skeptical of anything that has to be hidden until the last minute, as McConnell did. If I was a locked-out Senator, being of the same party with the right to know what’s going on because of that connection, I would be furious. But Republicans know they have to stick together if they are to remain successful in deceiving the American public.

In another WP article, the moderate GOP Senators are worried the bill, “…could damage the nation’s social safety net.” With the number of people thrown off health insurance (at least 23 million) and the compelling damage it would do to Medicare, these moderates are worried about their constituents and what it would do to them. What this all comes down to is the obvious contempt Mitch McConnell and his followers have for the people of this country. They can be damned as long as he takes care of the wealthy and corporations. With any luck, the Senate health care bill, along with Mitch McConnell, will go down in flames.

 

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