Looks Like a GOP Civil War is Coming!

The GOP has a fight going amongst itself over what to do with health care taxes. The battle is over the Capital Gains Tax that is tacked on to the old Obamacare bill. It is seen as a tax on the wealthy. To remove it is seen as a burden on the less well off. The Old Guard seems to worry more about appearance than doing what makes sense.

As Written By Henry Rodgers for the Daily Caller:

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience.

A single tax dividing Republicans and Democrats could cause a serious battle amongst Republican lawmakers as they attempt to progress with their attempt to pass health care legislation.

Democrats have rallied behind senators such as Illinois Sen. Dick Durbin, arguing that the GOP’s health care bill is just a tax cut for the wealthy. The updated Republican draft bill would eliminate the Obamacare tax that adds 3.8 percentage points on capital gains to upperclass Americans. Democratic representatives believe it is fair for the rich to pay more in taxes to help more Americans gain access to health care.

However, Republican lawmakers have tried to get rid of this tax on the rich, according to The American Enterprise Institute. The GOP is having to compromise with many other members of its party, making several revisions to the legislation in an effort to get enough members of its party on board to pass the bill. This 3.8 percent tax has played a big role in the Republicans’ disagreement on the legislation

GOP Senate leaders have been having a tough time trying to get to 50 “yes” votes, causing discord amongst the party.

“We are going to figure out a way, I believe, before Friday comes to greatly enhance the ability of lower-income citizens to buy insurance on the exchange and at the same time my sense is that the 3.8 percent [repeal] is going to go away,” Republican Tennessee Sen. Bob Corker told Bloomberg. “It’s not an acceptable proposition to have a bill that increases the burden on lower-income ……

KEEP READING HERE:

Could This Tax Spark A GOP Civil War? | The Daily Caller

GET MORE STORIES LIKE THIS

IN YOUR INBOX!

Sign up for our daily email and get the stories everyone is talking about.

Leave a Comment

Comment via Facebook

Comment via Disqus