Rolling Stone: The GOP Tax Plan Just Became an Assault on Obamacare

The Senate tax bill is now skewed toward millionaires. In 2027, according to an analysis by the Institute on Taxation and Economic Policy, the Republican plan provides the richest one percent of Americans an average tax break of $43,300, compared to just $190 for the poorest 20 percent. With another $300 billion or so to play with, Republicans could offer richer carve-outs for the middle class. John Thune, a member of GOP Senate leadership as well as the tax committee drafting the bill, told reporters the money from the mandate repeal will be “distributed in the form of middle-income tax relief.” Read more