8 Key Tax Changes in the Senate Healthcare Bill

2017-07-05 | , Accounting Web

Now it’s the Senate’s turn to take a whack at repealing and replacing Obamacare.

Not surprisingly, the new healthcare legislation being crafted by GOP leaders in the Senate – the Better Care Reconciliation Act of 2017 – would eliminate or delay tax revenue-raisers authorized by the Affordable Care Act (ACA). According to a Tax Foundation analysis, the proposed bill, as it currently stands, would cut taxes by more than $700 billion.

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