Slew of Obamacare Taxes Repealed
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The House bill that passed on Thursday to repeal and replace Obamacare is being applauded by the group “Americans for Tax Reform” for reducing taxes on the American people by over $1 trillion.
The GOP bill abolishes a slew of taxes imposed by former President Obama and the Democrat party in 2010 as part of Obamacare.
Some of those abolished include the individual and employer mandate tax, the flexible spending account tax, and a $126 billion Chronic Care tax cut.
Americans for Tax Reform say with the passage of the House GOP bill, “tens of millions of middle income Americans will get tax relief from Obamacare's long list of tax hikes.”
Corrie O'Connor