Repealing Obamacare is A Giant Middle Class Tax Cut | Americans for Tax Reform: Congressional Republicans have vowed that one of their first acts next year will be to send legislation repealing Obamacare to the desk of President-elect Donald Trump.
Doing so will not only repeal a failed law that has resulted in skyrocketing premiums, cancelled healthcare plans, and billions in new, wasteful spending, it will also provide a giant tax cut to middle class Americans.
Obamacare imposed roughly one trillion in higher taxes over ten years, including at least seven that directly hit middle class families. Repealing these taxes will provide much needed relief to the paychecks of families across the country.
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