Democrats who are attacking the Republican tax reform plans for giving income tax cuts to the rich but not the poor never mention the inconvenient fact that the poor don’t pay income taxes. However, if you’d like an example of a government program that truly punishes lower income Americans, look no further than Obamacare.
The individual mandate that forces people to buy health insurance or pay a penalty was declared to be a tax, when it was convenient to do that to sneak it past the Constitution. Well, Forbes writer Ryan Ellis did some research into who’s paying the Obamacare individual mandate surtax. The results were shocking.
According to the IRS, 6.7 million American families are forking over $3 billion a year to Washington for the privilege of not having to buy health insurance they don’t want and can’t afford. And 80 percent of those families make less than $50,000 a year. Ellis said this makes the Obamacare penalty “the most regressive tax we have on the books today.”
When Obamacare was first being sold to the public, Obama and the Democrats said that the penalty would only be paid by the rich, and the poor and middle class wouldn’t even be affected by it. But then, back then, they told us a lot of things, didn’t they?
So when Democrats claim the Republican tax reform does nothing to help the lower middle class, don’t believe it. It would help millions of them if it did nothing but repeal the Obamacare mandate.
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