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chi83

Tax bill

Chi
6 years ago

Has anyone been following these tax bills? Seems the Senate just passed. I'm pretty concerned, especially about the "extra" stuff they added, like removing the ACA individual mandate, and allowing drilling in Alaska's national wildlife refuge.

The CBO estimates that 13 million people will lose health insurance in the next 10 years because of it, and they anticipate a 10% increase in insurance premiums as young, healthy people may opt out of paying for insurance without the penalty, driving up the costs for everyone else.

And while the tax bill does decrease the tax rate, itemized deductions are significantly reduced so many people could end up paying the same, if not more.

Pictures show the tax bill passing with scribbles and handwritten notes in the margins. Members are given very little time to actually read the laws before voting on them.

Our entire system is a disgrace. When one party wants to do nothing but dismantle what the opposition party did before them, we just go in circles.


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