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The Trump administration just imposed a massive tax increase. You may have missed it.
This week the Trump administration managed to impose a massive tax increase on middle-income families beginning in 2018. You could be excused for missing this story if you were focusing instead on President Trump?s draconian budget or Republican efforts to take away health care from tens of millions of people. But, indeed, on Monday, the Trump Health Care Tax was born.
The new tax, 19 percent or more of premiums, will be added on top of the cost of policies purchased through the individual-market health insurance exchanges. It is a result of Trump?s decision to create as much chaos as possible in the health-care market ? in this case by not committing to continue to reimburse billions of dollars of cost-sharing payments owed to insurers just as they set prices for next year. And the president couldn?t have been more clear about why he?s imposing this tax: He thinks disrupting the Affordable Care Act exchanges, which serve more than 12 million Americans, will force Democrats to agree to proposals in his budget and in the House health-care bill that would take coverage away from tens of millions. There is something even more troubling about this tax. In an unusual twist, it will not be paid to the government but to insurance companies. That?s because, under the ACA, 83 percent of people who are insured on the exchanges are protected from premium increases by tax credits provided by the government. If premiums go up, government payments to insurers go up with them. Trump is even willing to sacrifice federal dollars to sink the ACA. https://www.washingtonpost.com/opini...=.19be97a1b3c5 |
Damned liberals masquerading as GOP /wink
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Obama was paying for it by robbing Fannie and Freddie, literally.
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" In an unusual twist, it will not be paid to the government but to insurance companies. "
:disgust |
How is that a new tax? From the text it seems insurance price increase due to not subsidizing/reimbursing them.
It's like stopping subsidizing electrical cars and saying that it is a new tax. Oh and that would be a "unusual twist" that you would pay that extra (cut subsidies) directly to the car manufacturer and not to the government, lol. Disgusting twisting, mind manipulating. Ps: this is not a point of agreeing or disagreeing with the decision, this is a point of disgraceful twisted "journalism". |
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Trump is a fucking bastard & should have never been born!
That scamming wanker! Heīs going to cripple America & in the meantime make billions extra! What a fucking cunt! :mad: Trump the terrible or Dirty Don, which one sounds best for such a horrible bastard! :disgust |
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^^^ 100% Correct |
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obviously you think a brainwashed person is the one against the one thatīs crippling the country around your tootsies & youīre wondering why the groundīs feeling a little soggy... stop it and put your fucking glasses on you fucking nutter! Get to grips, Dirty Donīs done the dirty all over your sorry little ass & many others... :disgust |
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It's not journalism, nor is it the MSM. It's written by Andy Slavitt, who is the prior administrator of the Centers for Medicare and Medicaid Services. I'm guessing he probably is more informed of whats happening than you are. |
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Of course Mineistaken is a white nationalist Slovakian, in Slovakia, who wants us to think he's an American Trump supporter :1orglaugh |
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Nope, this isn't Trumpcare. This is what Obamacare had baked into it. The only reason it has happened is because the Dems have obstructed Trump at every turn. Obama set up the risk corridors to refund the providers as a failsafe to entice them to participate. Thank Obama and the Dems for this, not Trump.
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You racist/isolationist |
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Please explain how he is such a horrible person who should've never been born and is a scammer. |
Americans are aware that Health insurance costs have gone up world wide?
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so long as America has a crooked and corrupt Health Care industry, it will cost more than it should.
Trump, Clinton, Obama aren't the problem. The problem is Americans voting for politicians bought and paid for by the private health industry. |
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