Short interview with Office of Management and Budget (OMB) Director Mick Mulvaney discussing ObamaCare and the potential for Tax Reform. Unfortunately, one of the key budgetary issues with the failure of ObamaCare reform is the downstream effect on any middle-class tax reform.
Within ObamaCare’s current -mostly political- structure, the expansive growth of Medicaid means tax-paying workers will pay more for insurance premiums and will also be held captive to the need for additional revenue to pay for medicaid; a double whammy.
The increasing taxpayer costs to keep big government ObamaCare operational, for non-taxpaying medicaid recipients, means the middle-class is once again sacrificed at the altar of the Big Club.
American workers on the individual market will not only see increased insurance rates, but their income tax rates will also be higher as the need to subsidize the lower-income non-working group (medicaid) remains.