Trump could profit big from Obamacare. Millions.

Ever wonder why Trump hates Obamacare? It's because it's a tax on the rich. Money money money for me. The poor be damned. Trump pays millions of taxes under Obamacare. And he don't like that.

The elimination of an Affordable Care Act tax could result in a personal tax cut for President Trump of between $1.4 million and $2.8 million a year, according to a liberal advocacy group. Americans for Tax Fairness said the elimination of the 3.8% net investment income tax would, by its estimates, result in the big cut. The group based its estimates on Trump's financial disclosure form. The tax in question was enacted as part of ACA and applies to individuals with a net investment income of $200,000 or more. That income is defined as rental income, interest, dividends and capital gains.

www.usatoday.com...

originally posted by: allsee4eye
Ever wonder why Trump hates Obamacare? It's because it's a tax on the rich. Money money money for me. The poor be damned. Trump pays millions of taxes under Obamacare. And he don't like that.

The elimination of an Affordable Care Act tax could result in a personal tax cut for President Trump of between $1.4 million and $2.8 million a year, according to a liberal advocacy group. Americans for Tax Fairness said the elimination of the 3.8% net investment income tax would, by its estimates, result in the big cut. The group based its estimates on Trump's financial disclosure form. The tax in question was enacted as part of ACA and applies to individuals with a net investment income of $200,000 or more. That income is defined as rental income, interest, dividends and capital gains.

www.usatoday.com...

If you think Trump became President to become rich you are not thinking straight. Trump has lost out on any number of opportunities by becoming President and has suffered boycotts and bad press.

Trump is NOT in this for money nor does he care at this point in his life. This Presidency is about leaving this world better than he found it and bringing this country back from the brink.

a reply to: Metallicus

You are right. Trump didn't become POTUS to become rich. There's more in life than money. It's about power. It's about a new dynasty.

ha.. like trump cares about a few million a year..... his businesses make millions a day

i think he just wanted to be president just to say he was president

Trump and family ain't gonna need them Millions, not where they're going - in what I hope isn't a too distant future.
They will, however, continue to live of YOUR hard earned Tax Dollars with Iwanka designed (rip-off, of course) orange jump suits, free lodging and 3 meals a day.....

a reply to: allsee4eye
Another "Take money from the rich and give it to the poor"
why don't you go to Cuba or Russia and find out for yourself!

a reply to: manuelram16

I don't trust any argument that hinges on rich vs poor.

Especially when most real problems come down to cronyism and corruption on both the right and the left. There needs to be an end to big pharma lobbying, along with excessive administrative bloat. Cut that down to size first, then figure out how the rest should be paid for.

originally posted by: Metallicus



If you think Trump became President to become rich you are not thinking straight. Trump has lost out on any number of opportunities by becoming President and has suffered boycotts and bad press.

Trump is NOT in this for money nor does he care at this point in his life.

Source please?

Methinks you are admiring the emperor's new clothing.

a reply to: Metallicus

He's funneling millions of taxpayer dollars into his own resort going on his weekly vacations. I'd say he's doing pretty well financially as president so far.

a reply to: 3NL1GHT3N3D1

No evidence of this.

a reply to: allsee4eye

That money isn't going to the resort across the street.

Who PROFITS the most from infrastructure, military, ect funded by taxation?

The wealthiest people.

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A tax on the rich ? The rich can afford healthcare insurance, or pay out-of pocket.The "poor" cant afford insurance so they have to rely on the emergency room . So they get fined(taxed) at tax time for not having insurance. The middle class who can barely afford insurance (thanks to Obamacare) got their premiums upped . And no matter what you have heard , Obamacare is as overpriced as any . And no policy is all that good.

Do some research before you post nonsense
You aint from around these parts , er ya ?

I think I have to say no.

This is a negative Trump thread. The next one will be a positive Trump thread. I think in the last one I voted yes, so it has to be no this time, right?