Ultra-rich are sorry that Obamacare is still law of the land

Mark Frauenfelder 3:16 pm Fri Mar 24, 2017

People in the 400 highest-income households are gnashing their teeth today. If the repeal of Obamacare hadn't stalled, they stood to get tax cuts of about $7 million each. Mother Jones made this graph based on a report from the Center of Budget and Policy Priorities.

You know what really gets me? Even among the millionaires, repeal will only net them about $50,000. That's like finding spare change in the sofa cushions for this crowd. Is clawing back a few nickels and dimes really worth immiserating 20 million people?

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