Confirmed: Obamacare Repeal Bill Cuts Taxes by $992 Billion | Americans for Tax Reform: The House-passed American Health Care Act (HR 1628) cuts taxes by $992 billion over the next decade, according to an analysis by the Congressional Budget Office.
As a presidential candidate in 2008, Barack Obama had promised repeatedly that he would not raise any tax on any American earning less than $250,000 per year. He broke the promise when he signed Obamacare. 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.
The bill abolishes the following taxes imposed by Obama and the Democrat party in 2010 as part of Obamacare:
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