3 Ways Tax Reform May Be Bad for Your Health
Republicans in the U.S. Senate and House of Representatives have passed dueling tax reform bills that will reduce marginal tax rates. However, both bills could cause insurance premiums to increase, hinder new drug development, and threaten Medicare. Learn more about this bill and how it could impact your healthcare.
The House kept tax reform separate from healthcare reform, but the Senate bill includes repealing the Affordable Care Act's health insurance mandate to help pay for tax cuts, including a lowering of the top marginal tax rate to 38.5% from 39.6% today.
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Source: Fool.com
