Here are four things to know:
1. The top 1 percent would have a $33,000 tax cut, on average, from an ACA repeal.
2. Middle- and low-income Americans would either have a minimal tax cut or no change in taxes from such a repeal.
3. The analysis found a small portion of Americans would face a hefty tax increase, as they would lose ACA tax credits or subsidies.
4. The ACA places two taxes on high-income earners that helped support the ACA expanding coverage. Such taxes include a 0.9 percent payroll surtax and a 3.8 percent investment income tax for Americans making more than $200,000 annually.
More articles on coding & billing:
ACA enrollment hits 4M: 3 takeaways
Humana lowers clinical measure requirements to help physicians transition to value-based care: 4 key points
Obama administration takes stand on ACA’s behalf; Urges Republicans to consider repeal’s ramifications
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