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ananda

(35,227 posts)
2. Well, this on the tomorrow's ACA bill is out.
Mon Mar 6, 2017, 07:42 PM
Mar 2017
http://www.reuters.com/article/us-usa-obamacare-report-idUSKBN16D2NF

Under a Feb. 10 draft of the legislation made available to several news outlets, Republicans proposed offering an age-based refundable tax credit regardless of income level. That was resisted by conservatives who called it another entitlement program. Critics also said extremely wealthy people would receive the credit even though they do not need it.

In the most recent version of the bill, the tax credits would only be available to those within certain income levels, according to Politico. They would start to phase out for individuals earning $75,000 and households earning $150,000, and would be unavailable for individuals who earn more than $215,000, Politico reported.

Republicans had also initially proposed capping exemptions on employer-provided health coverage, a provision that drew the ire of some conservatives who said the bill would remove Obamacare's taxes only to replace it with another.

According to Politico, the latest version of the bill would not include a cap. The bill also delays repealing several of Obamacare's taxes until 2018, a year later than initially proposed

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