(Chip Somodevilla/Getty Images)Democrats, who’ve struggled for a way to separate President Trump from the voters who powered his upset victory, believe they’ve found one with the American Health Care Act. As Republicans fight about the bill’s details, the opposition party is attacking its tax provisions as a giveaway to people like Trump — multimillionaires. “Trumpcare is really a tax break for the rich, not a health-care program,” said Senate Minority Leader Charles E. Schumer (D-N.Y.) at a Thursday morning news conference outside the Capitol. It would eliminate, for example, the net investment income tax of 3.8 percent on investments, a tax designed only to affect people in the top two tax brackets, and the 0.9 percent Additional Medicare Tax, which also affects only top earners. “If you’re a millionaire, you’re going to get an average $50,000 tax cut,” said Sen. Chris Van Hollen (Md.
Source: Washington Post March 09, 2017 17:24 UTC