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Analysis Of Repealing The Affordable Care Act

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NY Times: In the beginning of the article, it discusses how the GOP is removing the individual mandate within the Affordable Care Act along with the attempt at tax cuts. According to the Republicans, every individual’s tax cut will expire in the end of 2025 in order to speed up the passage of the bill. They also say that by repealing this mandate, Republicans would save the U.S. billions of dollars over the next 10 years. Basically, the mandate repeal would save over $300 billion over those 10 years, but would result in 13 million less citizens with health insurance by the end of that decade. On the other hand, by repealing the individual mandate, the Republicans run the risk of reigniting the debate over health care which they have been …show more content…

Our live top marginal tax rate is 39.6% which would be kept there in the House bill, but the Senate bill seeks to reduce it down to 38.5%, which is favored by supply-side economic theorists who state that this reduction will let the economy grow. Fox News: Other than the fact that the new tax plan is biased, the amount of changes specified alone generate a significant number of opposers.The GOP tend to make it seem like their tax package will be change that’s beneficial for every American, however, they always make decisions that contradict their opposing side (Democrats). Fox discusses how the Republicans avoid mentioning the costs of creating new tax reforms similar to how they promised to make insurance coverage the same as Obamacare now. In all honesty, after this article referred to Obamacare, the rest of the “information” seems like fluff. I attempted at reading the paragraphs that were oddly formed, but in my eyes they had no correlation to the tax reform/ Obamacare. I recall one piece that discussed how Trump didn’t remember a meeting he had with his former foreign policy advisor that was from his campaign, and as I read I thought to myself, “How does this relate to the tax cuts?” BBC: For the longest, Republicans have said the U.S. tax system is in need of repairing and Trump is the one taking the stand on it. He’s called for significant tax cuts which

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