House GOP to keep income tax rate for wealthiest earners
Trump and the GOP consider a revamp of the nation's tax code, the first in three decades, a legislative and political imperative after the collapse this past summer of Republican attempt to repeal Barack Obama's Affordable Care Act. Republicans insist they must deliver on taxes to keep their congressional majorities in next year's midterm elections.
Health care was clearly a consideration in Trump's tweet Wednesday morning as he suggested repealing the requirement that Americans get health insurance or face a tax penalty.
The president wrote, "Wouldn't it be great to Repeal the very unfair and unpopular Individual Mandate in ObamaCare and use those savings for further Tax Cuts for the Middle Class. The House and Senate should consider ASAP as the process of final approval moves along. Push Biggest Tax Cuts EVER."
The idea of repealing the individual mandate has been pushed by one Republican senator, Arkansas' Tom Cotton. However, House Republican leaders see such a step as adding political complications to an already difficult task of crafting a tax bill that can pass the House and Senate.