Double Taxation

Tax Reform for Dummies: 2017 Edition

Tax Reform for Dummies: 2017 Edition

Admit it. As the battle over the future of healthcare divided our nation throughout the past few months, you remained squarely on the sideline. It’s not that you didn’t have an opinion on whether Obamacare should remain the law of the land or be replaced by one of two Republican offerings — the American Health Care Act or the Better Care Reconciliation Act — it’s just that you felt, well…stupid.
There was so much to understand and keep up with, and when that one guy in your office would give an impassioned defense of the preexisting conditions clause or rail against Medicaid, you felt like perhaps you weren’t quite informed enough to get involved.
Well, I’ve got news for you: that guy in your office? Total fraud. Nobody understands healthcare in this country. Not the people who receive it, not the people who provide it, and certainly not the lawmakers who determine its fate. Perhaps that last great bastion of journalism in this country — The Onion — put it best with this headline:
Man Who Understands 8% of Obamacare Vigorously Defends it from Man Who Understands 5%

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Authored by Tony Nitti, Withum Partner and writer for Forbes.com.

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