Big beautiful bill. For who?

[watu05]

Most regressive tax bill in decades.


Trump’s Big Bill Would Be More Regressive Than Any Major Law in Decades

https://www.nytimes.com/interactive...ios-share&referringSource=articleShare&sgrp=g

 

[watu05]

The Senate bill would cut Medicaid even further transferring more wealth to those who don’t need it. At the expense of those who do Just let the let the tax cuts expire.

 

[lawpoke87]

The Senate bill would cut Medicaid even further transferring more wealth to those who don’t need it. At the expense of those who do Just let the let the tax cuts expire.

Aside from illegals and requiring able bodied people without small children to work, can you detail the specific Medicaid cuts ?

 

[astonmartin708]

Aside from illegals and requiring able bodied people without small children to work, can you detail the specific Medicaid cuts ?

https://www.nytimes.com/2025/05/06/upshot/medicaid-hospitals-republicans-cuts.html

 

[lawpoke87]

https://www.nytimes.com/2025/05/06/upshot/medicaid-hospitals-republicans-cuts.html

So we’re proposing reducing the amount states can tax providers from 6% to 3.5% and extrapolating the reduction in tax will lower the amounts the government can reimburse the healthcare industry and this could lead to the cutting of Medicaid coverage for individuals?

 

[Gmoney4WW]

So we’re proposing reducing the amount states can tax providers from 6% to 3.5% and extrapolating the reduction in tax will lower the amounts the government can reimburse the healthcare industry and this could lead to the cutting of Medicaid coverage for individuals?

Killing me softly with this matching tax reduction. Saves the employee & the federal government at the cost of the Medicaid recipients.

 

[lawpoke87]

Killing me softly with this matching tax reduction. Saves the employee & the federal government at the cost of the Medicaid recipients.

I’m confused which shouldn’t surprise you. I thought the provider tax is a surcharge the state placed on hospitals, nursing homes and other health care providers. What does it have to do with a matching tax deduction and how does it save employees anything?

 

[Gmoney4WW]

I’m confused which shouldn’t surprise you. I thought the provider tax is a surcharge the state placed on hospitals, nursing homes and other health care providers. What does it have to do with a matching tax deduction and how does it save employees anything?

I'm probably the one that is confused. When you said providers, I assumed you were talking employers. I didn't know that they put a surcharge on providers of healthcare. So that would be the healthcare patients that are not on medicaid & the federal government that would save. Seeing as how patients would save that surcharge?(hopefully) And the government would save the matching amount paid to Medicaid.

 

[watu05]

As I read it the loop hole allowed the states to collect more federal $ to fund their portion of Medicaid. Closing the loop hole prevents unintended consequences but also reduces funding for Medicaid in those states.

 

[astonmartin708]

So we’re proposing reducing the amount states can tax providers from 6% to 3.5% and extrapolating the reduction in tax will lower the amounts the government can reimburse the healthcare industry and this could lead to the cutting of Medicaid coverage for individuals?

When a healthy portion of your state’s funding for healthcare comes from those taxes yes.

Will it help with the budget? Yes, if we don’t spend the savings.

Will it kick millions off Medicaid who are well qualified, trying to work and need healthcare? Also, yes.

Don’t worry I’m sure there will be some tax breaks for rich folks to redistribute that wealth from the pockets of the poor to the pockets of the wealthy.

It’s trickle up economics.

 

[lawpoke87]

When a healthy portion of your state’s funding for healthcare comes from those taxes yes.

Will it help with the budget? Yes, if we don’t spend the savings.

Will it kick millions off Medicaid who are well qualified, trying to work and need healthcare? Also, yes.

Don’t worry I’m sure there will be some tax breaks for rich folks to redistribute that wealth from the pockets of the poor to the pockets of the wealthy.

It’s trickle up economics.

What is a healthy portion?

My understanding is it’s basically taking from one pot to pay another. Health care providers are taxed by the state at 6%. They then turn around and place a surcharge on their services to pay for the tax.

Why would millions be kicked off Medicaid?