THEIR 2 cents - Do we realize this is about pennies?
The healthcare bill alone will only cut 2% from taxes for 400 families.
And destroy much of the social safety net.
THEN the tax cut bill will come.
For families with $318,000,000 in annual income we are looking at a tax savings of $636,000 a year.
They did this by using data from the Brookings-Urban Tax Policy Center and, separately, from the IRS, in order to figure out what the tax cut would mean for the 400 households in America with the highest tax liabilities. On average, these families have incomes of $318 million a year, according to the report, which means the $7 million tax cut they would get is roughly equivalent to increasing their incomes by 2 percent.
http://www.huffingtonpost.com/entry/obamacare-repeal-tax-cut-400-richest-american-households_us_5876e523e4b05b7a465dd4ee
The massive tax cuts for the rich inside the GOP health-care plan
https://www.washingtonpost.com/news/wonk/wp/2017/03/07/the-massive-tax-cuts-for-the-rich-inside-the-gop-health-care-plan/?utm_term=.ed1d9add1745
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