The end of tax penalties for not having the state-enforced capitalist healthcare swindle known as Obamacare—and the resultant halting of white middle-class taxpayer subsidies to black and Hispanic healthcare costs—is the real reason why leftists and the controlled media have launched an-all-out attack on the Trump tax bill.
The controlled media and the left have tried to divert attention away from the fact that the average American household will be at least $2,000 per year better off after the tax reform by saying that the bill “only benefits the rich” and will cause an increase in tax after eight years.
These straw man arguments (tax will be lower for everyone across the board, and there is no guarantee that taxes will be raised once again, considering that this is the first tax overhaul in 30 years) are their attempt to hide the fact that the tax bill also repeals former President Obama’s signature health-care law.
Obamacare was widely presented as “socialized health care” but which was nothing of the sort.
As the New Observer has reported earlier, all that Obamacare did was force everyone earning above a certain amount to purchase private healthcare insurance—and then also forced those private healthcare insurers to pay for the healthcare of everyone who could not afford private health care.
This “subsidy” meant blacks and Hispanics, and illegal immigrants, for the greatest part. The economic imbalance meant that healthcare premiums sky rocketed, and forced most healthcare companies out of business.
The tax overhaul gets rid of the Affordable Care Act’s individual mandate, which requires almost all Americans to purchase health insurance or pay a fine.
Speaking earlier today, Trump said that when the “individual mandate” is repealed, “ObamaCare is being repealed. We have essentially repealed ObamaCare and we will come up with something much better.”
Trump said he refrained from playing up that measure because he was worried about how the news media would report it, but added “now that it’s approved, I can say that.”
Trump’s comments came as the Senate passed it on a party-line vote just after midnight Wednesday. The House is expected to vote on the legislation again Wednesday afternoon, sending it to the president’s desk in what will be the first major legislative achievement for Trump and the Republican-controlled Congress.
The repeal of the individual mandate will now mean that insurance healthcare companies will no longer be forced to cross subsidize millions of non-paying nonwhites, and thus premiums will once again be lowered to “normal” rates—as far as any hyper-capitalist exploitation as exemplified in the US healthcare system can be “normal.”
The economics of Obamacare meant however that the burden of paying for private healthcare for millions of blacks and Hispanics in America was placed onto the shoulders of the white middle class—and it is the repealing of this burden which has caused the leftists and controlled media so much angst.
It is certainly true that large number of blacks and Hispanics will now be without private healthcare—exactly as they were before the advent of Obamacare—but it is equally true that they will qualify, as they did before, for assistance under the state-subsidized Medicaid system, which dates back to 1965.