Economics
Trump’s Counties Lose Out to Clinton’s in GOP Health Tax Cuts
- Most Rust Belt voters wouldn’t benefit from Obamacare tax cuts
- New York County would see the biggest Medicare tax windfall
How Will Trump Pay for His Tax Cuts?
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The very first individual tax cuts officially endorsed by President Donald Trump don’t offer great news for most of his supporters: Counties that backed him would get less than a third of the relief that would go to counties where Democrat Hillary Clinton won.
The two individual tax cuts contained in the Republican plan to replace Obamacare apply only to high-earning workers and investors, roughly those with incomes of at least $200,000 for individuals and $250,000 for married couples.