Massive wealth transfer

That’s what the AHCA is. 24 million or so people lose health care coverage because it’s no longer funded. Why? Because you can’t fund it and give all this away to the wealthiest 0.01% of the US population. One analysis of an earlier version of the bill estimated that it contains $600 billion in tax …

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Tax cut lapses

Ed Andrews hears the Republican argument against letting the Bush tax cuts expire for those making over $250K per year and finds it thin. Hassett re-launches the Republican factoid that about half of all business income reported on individual returns goes to people in the top tax brackets. The counter-factoid is that 97 percent of …

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