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Home Illinois News

Why the Repeal of ObamaCare Means a Giant Tax Cut for the Middle Class

Illinois Review by Illinois Review
January 9, 2017
in Illinois News
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Aside from screwing up insurance markets, Obamacare raised a lot of taxes, too. That means repealing Obamacare is going to be a tax cut, writes Grover Norquist: “By passing legislation repealing ObamaCare through budget reconciliation, lawmakers have an opportunity to remove nearly 20 taxes which will save taxpayers more than one trillion dollars over the next decade. Repealing these taxes is a huge win for middle class taxpayers, who were hit with an avalanche of tax increases despite Barack Obama’s “firm pledge” not to sign “any form of tax increase” on any American making less than $250,000. The trillion dollars in higher taxes have restricted health care choice, increased costs, made saving more difficult, and granted government more control over care at the expense of individual control.”

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