The article reports:
In spite of a torrent of liberal attacks, independent analyses have confirmed that the plan would boost economic growth, create nearly one million new full-time jobs, and reduce the tax burden on the vast majority of Americans; on average, taxpayers in every income group would receive a tax cut. There will be a small percentage of Americans — many of them wealthier people who itemize deductions and exploit loopholes — who would be worse off under the proposal. Republicans would be foolish to pretend that every single household and business would emerge as ‘winners’ if reform is implemented; that would echo one of the biggest lies Democrats peddled about Obamacare. But the data has found that an overwhelming majority of Americans, including (or even especially) the middle and working class, would benefit from the House-approved bill.
The article explains the impact of cutting the healthcare mandate:
Regardless of where the revised number lands, dumping the mandate liberates millions of Americans to not purchase healthcare plans that they do not want or cannot afford, without getting slapped with government fines. People making that choice for themselves and their families is absolutely not equivalent to the government taking away coverage. Healthcare policy expert Avik Roy puts a finer point on this important truth, which underpins liberals’ mendacious claim:
[Another] category of Democratic complaints revolves around the Congressional Budget Office’s estimate that 13 million fewer people would have health insurance in 2026 if Republicans repealed Obamacare’s individual mandate. “We’re kicking 13 million people off health insurance to give tax cuts to the wealthy,” exclaimed Senate Minority Leader Chuck Schumer (D., N.Y.) on Wednesday. There are two problems with Schumer’s assertion. As Glenn Kessler, fact-checker at the Washington Post, notes, nobody is being “kicked off” their insurance. People are no longer being fined for not purchasing it. (Kessler gives Schumer two Pinocchios.) The second problem is that the CBO’s projections of the mandate’s magical powers are inaccurate, by their own admission.
The bottom line here is that Democrats do not want to cut taxes. A tax cut will stimulate the economy and undo (and expose) the economic damage done by the Obama Administration. The Washington establishment cannot afford a successful Trump presidency–it would come too close to draining the swamp. It will be interesting to see if the tax bill passes (and in what form). If the Republicans do not pass the tax bill, they will probably lose Congress in 2018. If the Republicans do pass the tax bill, the economy will grow, at least part of the Washington swamp will be drained, and Trump will be a successful President. Get out the popcorn.