Simply Politics & News

[Mariner*]

As GOP Tax Plan Faces Senate Vote, Critics Say Bill Would Give Hundreds of Billions to Top 1 Percent.

http://www.truth-out.org/news/item/42752-as-gop-tax-plan-faces-senate-vote-critics-say-bill-would-give-hundreds-of-billions-to-top-1-percent

The plan will now go to the full Senate for a vote as early as Thursday. The Senate bill slashes the corporate tax rate and gives further tax cuts to wealthy business owners. It would also repeal a key provision of the Affordable Care Act, the requirement that most Americans have health insurance. Experts say revoking this provision, known as the individual mandate, would cause the cost of health insurance to skyrocket.