Understanding Tax Credits in Healthcare
Tax credits are credits against taxes due. If your income is not sufficiently high to generate a tax liability they are of no value to the individual. Most of the people who are covered under the affordable care act do not earn enough money to have a tax liability. If the ACA is repealed and Republicans instead create tax credits, everyone who does not earn about 3-4 times the poverty level will lose their healthcare.
If President Trump really wanted to bring the country together as he claims he would stop beating the dead horse of Obamacare and instead call on Democrats and Republicans to join together to fix the affordable care act. Some of the ideas he proposed last night could easily be incorporated into the ACA and would make it stronger and more affordable but the core of the ACA must remain in place to provide opportunity for most Americans.
One well-delivered speech does not constitute a reset for the Trump Presidency.
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