Millionaires like Gianforte get a $900 billion tax cut under Un-American Health Care Act

HELENA – With its nearly $900 billion tax cut for the wealthy, it’s no wonder New Jersey multimillionaire Greg Gianforte is “thankful” for D.C.’s disastrous health care bill.

That $900 billion in tax cuts works out to an average of $207,000 for the richest 0.1%, according to the Tax Policy Center. The lowest-income Americans would actually see a tax increase under the bill – on top of its devastating impact on their ability to access affordable health care.

Here’s a closer look at the the bill’s tax cuts: 

At the same time, the so-called “American Health Care Act” cuts Medicaid by $880 billion – nearly the same amount as those tax breaks for the wealthy. Aside from the 70,000 Montanans who are covered under Medicaid expansion, these cuts would hurt everyone from seniors who rely on it to cover nursing home care to essential daily living services for people with disabilities.

“Greg Gianforte supports D.C.’s disastrous health care bill, which makes huge cuts to health care for seniors, the disabled, and more than 70,000 Montanans who get insurance through Medicaid in exchange for a huge tax break for millionaires like himself,” said communications director Tina Olechowski.

Rob Quist this week is hosting “Hands Off Our Health Care” events across the state to raise awareness about the terrible bill and to give Montanans a voice as politicians like Gianforte work against Montana’s interests.

Today Rob is discussing the health care bill’s impact on rural communities in Hamilton, meeting with the owners of a Victor farm about how the bill would impact their ability to provide affordable coverage for their employees, and rallying with supporters in Missoula.