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Just dropped · Trial Balloon · Ep. 193

The Magnificent Seven

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Trial Balloon · Ep. 193: The Magnificent Seven

Trump Voters Stand to Lose Big Under Trumpcare

March 9, 2017 · 7:47 am ET · Leave a Comment

CNBC: “Exit polls showed that just 10 percent of Trump’s votes came from Americans earning $200,000 or more. Yet those voters would derive all benefits from the repeal of the two individual tax hikes targeting them: a 0.9 percent tax on their earnings, and a 3.8 percent tax on their investment income.”

“An even smaller group, the top 1 percent of earners, would receive an average tax cut of $33,000, according to the Tax Policy Center. The top 0.1 percent of earners would receive an average tax cut of $197,000.”

“But half of Trump’s votes came from white voters without college degrees. And those less-affluent voters stand to lose in multiple ways if Congress rolls back Obamacare in favor of the House GOP plan.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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