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Today's Big News

(2017-05-04 15:38:14) 下一个
https://www.nytimes.com/2017/05/04/us/politics/health-care-bill-vote.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=a-lede-package-region&region=top-news&WT.nav=top-news&_r=0

Finally the house approved a bill to repeal and replace the Obama Care. Now, the President gets closer to his promise to reshape America's health care without mandatory insurance coverage.

The bill will go on to the Senate for approval. It is a sure thing that passing the bill in the Senate is not a sure thing. it will face great uncertainties.


Here is an interesting comment from representative Nancy Pelosi of California, the Democratic leader: she warned moderate Republicans who supported the measure: “You have every provision of this bill tattooed on your forehead. You will glow in the dark.”

https://www.nytimes.com/2017/05/04/upshot/who-wins-and-who-loses-in-the-latest-gop-health-care-bill.html?action=click&contentCollection=Politics&module=RelatedCoverage&region=EndOfArticle&pgtype=article

So, now let's take a look at who wins and who loses in this latest version of health care bill.

Winners

First winner goes to the high-income-earners, individuals who earn $200,000 or couples who earn more than $250,000 a year.  The bill, if passed will eliminate two taxes on this group. the 0.9% increase on the Medicare payroll tax and a 3.8% tax on investment income.   

The bill eliminates two taxes on individuals earning more than $200,000 or couples earning more than $250,000: a 0.9 percent increase on the Medicare payroll tax, and a 3.8 percent tax on investment income.

 

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