Repealing Obamacare Will Give The Wealthy A Massive Tax Break | Soshal Network, Social Circle Connection

Repealing Obamacare Will Give The Wealthy A Massive Tax Break

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Republicans have never been completely honest, or even clear, about their desire to repeal the Affordable Care Act, but a new study by the non-partisan Tax Policy Center reveals that repealing the law will result in massive tax cuts for the wealthiest Americans. The Ring of Fire's Farron Cousins discusses this.

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62 comments

  1. Posted by Wew Lad, at Reply

    Why do you guys always focus on the wealthy? How about the fact that
    repealing it will make sure there is no economic pressure on the
    middle/lower classes to buy healthcare if they don’t want it?

    • Posted by waterandafter, at Reply

      +lynda williams really??? Wow!!!
      You are a breath of fresh air, I never noticed a damn bit of any of this
      until you pointed it out. Keep spreading the word, save us all.

    • Posted by Ultra Henry, at Reply

      Exactly. They only want to punish the rich

  2. Posted by King Kaymen, at Reply

    Ohhhh please we know the real tax cut would be Hillary with her doners.
    Dumb liberals.

    • Posted by JL MYO WILL LOSE, at Reply

      Josh Valenz

      False equivalency.

      Proportion & donors are very different

      American citizens focus on AMERICAN ECONOMIC ISSUE most donated To TRUMP.
      HILLARY recieve 100x the money Trump recieved and it was from special
      interest groups – Saudi Arabia.

    • Posted by King Kaymen, at Reply

      Josh Valenz hahaha YEAH RIGHT! Hillary puts whatever her donors want for
      sale. She’s an A1 crook. Remember Haiti’s friends of Bill? Or 2/3rds of the
      worlds uranium? Or that 10 million from morocco for Hillary. I can keep on
      going…

    • Posted by Jamessuperfun, at Reply

      +King Kaymen Trump did the same thing…

    • Posted by JL MYO WILL LOSE, at Reply

      Jamessuperfun

      Did you not read my comment? That is a false equivalency. You don’t see
      Saudi Royalty as Secretary of State.

  3. Posted by wesley ogilvie, at Reply

    The GOP and their masters only care about themselves.

    • Posted by Ron Waller, at Reply

      The same can be said of most Democratic politicians. Which is why they had
      a super-majority and gave America the shitty ACA, which is a right-wing
      version of healthcare reform.

  4. Posted by lime light, at Reply

    Obama care hasn’t been a benefit to me it’s been a hindrance. Obama care
    itself is too expensive. So I get the shitty health insurance through my
    job that covers nothing. I pay nearly 1500 a year for shitty health
    insurance. I’m better off dropping it and taking the 600 penalty.

    • Posted by cuck, at Reply

      thank you

    • Posted by Jylan Cross, at Reply

      lime light
      If you figure that you’ll be better off without insurance, then drop it.
      And if you don’t like the fact that there’s a penalty, then don’t pay it.
      Read Section 500A(g)(2) of the ACA.
      Here’s a link:
      https://www.law.cornell.edu/uscode/text/26/5000A

    • Posted by lime light, at Reply

      +Phish N’ Chimps I agree.

    • Posted by lime light, at Reply

      +Jylan Cross Thanks I’ll have to read up on it.

  5. Posted by dooty fingers, at Reply

    this man spelled it out and most of you still don’t get it.

    • Posted by Shelley Peterson, at Reply

      dooty fingers EXACTLY. HE FINALLY SPIT IT OUT THERE, and still others will
      blame Obama and the doctors, the Dems etc, etc.. its The 1% , just like he
      said, its always about the bottomline which is the $$$$$$$, follow the
      MONEY PROPLE, ITS ALWAYS ABOUT THE BENJAMINS!!

    • Posted by Jumanji089, at Reply

      dooty fingers the only way theyll get it is when theyre finally driven out
      of their homes by elites over a natural gas pipeline. Their little bitches
      with bark and no bite.

    • Posted by Ron Waller, at Reply

      Even Hill Billy said Obamacare is a turd. It’s done. Get over it. Next time
      the Democrats better come up with something not out of the Republican
      playbook. Let’s see what Bernie and the Berniecrats have to offer.

  6. Posted by Jayspock myworld, at Reply

    Obamacare seems more like a republican concept. A democratic concept would
    be single payer.

    • Posted by Empty Existentialist, at Reply

      Jayspock myworld it’s is this is the plan Nixon made

    • Posted by Abram Carroll, at Reply

      Obama got it from Mitt Romney. Romney got it from the Heritage
      Foundation(conservative think tank).

  7. Posted by Jason Fredrickson, at Reply

    Get rid of this guy. He has the charisma of damp rag

    • Posted by John Wick, at Reply

      why because he’s speaking the truth…

    • Posted by Horace Silver, at Reply

      so does your mom

    • Posted by Blast Superior, at Reply

      Horace Silver L

  8. Posted by AR Rains, at Reply

    The ACA is a disaster. The people being hit the hardest are the middle
    class, as Obamacare essentially subsidizes the poor at the expense of the
    middle class. Nowhere in this “analysis” did Farron examine the actual law.
    He simply hates its repeal because of its tax scheme, and thus makes
    patently false claims such as “doctors and hospitals love the ACA.”

    • Posted by johnmburt1960, at Reply

      Every doctor I know (and at my age, the number is ever-increasing) loves
      it, aside from wishing it were single-payer.

    • Posted by jerico641, at Reply

      You have a problem helping poor sick people with a portion of your tax
      money (which you already pay to support things like a bloated military)?
      You also enjoy clubbing baby seals with Louisville Sluggers by any chance?
      Just curious.

    • Posted by whyamimrpink78, at Reply

      Every doctor and nurse I met hates the ACA.

  9. Posted by Luke Wansbrough, at Reply

    Time for america to wake up and get free health care like the rest of the
    world

    • Posted by Luke Wansbrough, at Reply

      I know it’s not “free”, it’s paid by tax dollars like the education system
      and the military is. I am definitely alright with a small amount of my tax
      dollars go towards treating sick and injured people.

    • Posted by Randy Scott, at Reply

      You do realize there is no such thing as free healthcare anywhere, right?
      It’s paid for through taxes but there are no limits, you can’t be removed
      and best of all there is no rationing. I know folks who don’t like the idea
      of single payer will scream night and day about the rationing – but it just
      doesn’t exist.

    • Posted by jerico641, at Reply

      It’ll cost you a hell of a lot less in taxes than paying super high
      premiums to State Farm or GEICO.

    • Posted by johnmburt1960, at Reply

      It would be much wiser to call it “public health care”. Nobody talks about
      “free” police protection or “free” streets.

    • Posted by jerico641, at Reply

      Very well said; thank you for posting that : )

  10. Posted by Jim Hawkins, at Reply

    Are the republicans aware there wealth comes from the labour of the working
    class ?

    • Posted by Jim Hawkins, at Reply

      Well those working class people need healthcare so how about you get of
      that throne of yours and do something about it ?

    • Posted by Jim Hawkins, at Reply

      I would become a doctor myself but I can’t afford it

    • Posted by whyamimrpink78, at Reply

      +Jim Hawkins I do a lot, and there is healthcare for them. Our problems
      with healthcare stem from the federal government.

    • Posted by Jim Hawkins, at Reply

      By the way I am from Europe

  11. Posted by Shahan ur Rehman, at Reply

    Is it really that bad for well to do folks to pitch in for those who can’t
    afford to live?

    More interestingly, I don’t understand why people are angry at ACA.
    Healthcare premiums, of course, are up since well-to-do folks are
    subsidizing it for those who can’t afford it, but that’s not the reason
    healthcare itself is so expensive.

    Healthcare is expensive cause pharmaceutical companies are ripping people
    off, legally.

    http://billmoyers.com/story/the-man-who-made-you-pay-more-at-the-drugstore/

    Are poor people really the cause of all evil?

    • Posted by Eazy, at Reply

      Milk Lover given all the crap the middle class is forced to pay (wars,
      weapons, subsidies etc) with our tax dollars I say it’s a fair trade off
      for them to help less fortunate people especially when its us they got rich
      off of.

    • Posted by Milk Lover, at Reply

      Eazy this ain’t communism

    • Posted by Eazy, at Reply

      Milk Lover and its not a third world country. Capitalism and a bit of
      socialism can coexist just fine but when the top has years of brainwashing
      through corporate media and the extreme comparisons to failed dictatorships
      its hard to see the truth.

    • Posted by whyamimrpink78, at Reply

      “Well to do folks” are that way because they provided society with goods
      and services that no one else would offer. So they do “pitch in” for
      society.

  12. Posted by Jason Fredrickson, at Reply

    0:11 umm maybe because they don’t want to be forced into buying health
    coverage or paying the penalty if they don’t. Is this guy really that
    dense?

    • Posted by whyamimrpink78, at Reply

      PressForEarth, other countries have just as many problems with their
      healthcare system as the US does.

    • Posted by kurtilein3, at Reply

      +whyami umm, no they dont.

    • Posted by whyamimrpink78, at Reply

      +kurtilein3

      https://www.aei.org/wp-content/uploads/2014/03/-the-business-of-health_110115929760.pdf

      Yes they do. Read that book, it is interesting.

    • Posted by kurtilein3, at Reply

      Why would i trust a neo-conservative think tank?

    • Posted by whyamimrpink78, at Reply

      +kurtilein3 It is written by two professors, one who is the chair of their
      department. it also cites peer review journals. That is why you should
      trust the book. But I guess it is easier to pull a logical fallacy.

  13. Posted by William Merzlak, at Reply

    Why do millionaires and billionaires try so hard to skirt laws so they can
    make more money. Why do they even care about getting more money? They don’t
    use it. They do nothing but hoard it. I never could figure this out.

    • Posted by Victor Hernandez, at Reply

      William Merzlak I don’t think you realize how unstable money is. Think
      about it like this.
      You have an average guy that buys used cars for 2500, and resells them for
      5000 after fixing them up a bit. A couple bad buys in a row is all it takes
      to ruin him.

      Now you have a guy that buys 250,000 dollar houses, fixes them up, and
      resells them for 500,000 dollars.
      All it takes is a couple bad buys in a row to ruin him.

      Then let’s also look at how much each person spends.

      person 1, total bills a month are 3,000 dollars.
      person 2, total bills a month are 30,000.

      If person 1 only pays 25% on taxes, and person 2 had to pay 46% that’s
      complete bullshit.
      It should be a flat fee for everyone.
      if you make 50k a year you should pay 25% or 12,500.
      if you make 500k a year you should pay 25% or 125,000. It’s just stupid,
      and unfair to take away 40+% from the guy making 500k.

      and before you tell me that all millionaires and billionaires are just
      lucky people that inherited all their money, etc. you’re wrong.
      86% of all millionaires today are self made that came from lower class, or
      middle class families.
      and almost 70% of all billionaires today are self made too. Look it up for
      yourself.

    • Posted by George kush, at Reply

      William Merzlak what’s crazier is the republicans that worship and be used
      as useful idiots by the rich

  14. Posted by chris maggiore, at Reply

    how does obama care tax anyone

  15. Posted by F. W. Sauerteig, at Reply

    Yeah, and what about the individual mandate which is a crippling tax on the
    dwindling middle class.

    • Posted by George kush, at Reply

      F. W. Sauerteig that’s because they shift the tax burden for trillion
      dollar wars on u

  16. Posted by ANTAGONIZED, at Reply

    republicans are idiots.

    • Posted by Denys Lightbow, at Reply

      Who will run the country and appoint a conservative SCOTUS for the next
      generation? Yup! Der her! Dey is dum!

  17. Posted by edward hickey, at Reply

    sorry but you Americans don’t deserve Obamacare or a well funded Social
    Security! A fair amount of you didn’t vote, made a protest vote or voted
    for a orange Voldemort, these choices have major consequences but mainly
    for people on the bottom. Hopefully you guys will smarten up by the mid
    term elections and limit Sauron’s power. Well sleep well knowing the
    Nuclear Football is always by his side in just 4 weeks lol

    • Posted by vidal colon, at Reply

      edward hickey :,( my thoughts exactly but im at ground zero