Republicans want to replace Obamacare subsidies for the poor and middle class with a standard, one-size-fits-all tax credit. Poor or rich, everyone who purchases insurance on the open market would receive the same dollar-value deduction. Yet when it comes to taxes, Republicans want the exact opposite. Instead of every taxpayer receiving the same, equal, dollar-value tax cut, they instead want to reduce tax rates, which wholly benefits the rich. (To be fair, when it comes to who loses (the poor) and who benefits (the rich!
Source: Huffington Post February 24, 2017 05:26 UTC