Donald Trump’s plan to repeal and replace Obamacare will pay off for the country, according to a new analysis of Trump’s taxes and health care plans released by The New York Times.
In fact, Trump’s proposed tax cuts would pay for themselves, and his tax plan would pay off in five years, the analysis found.
The plan also includes major savings that would provide millions of Americans with the resources they need to get the care they need, the Times found.
That would include a tax cut for high-income households and large corporations.
The report came after Trump claimed he would have saved more than $2 trillion by simply repealing the Affordable Care Act and replacing it with a plan that would cost him far less than his previous one.
The president also claimed he wouldn’t have to pay for the plan by raising taxes, despite the fact that he has proposed raising taxes in the past, as he has in the last two weeks.
The Times analysis also found that Trump’s planned tax cuts could pay for much of the cost of his proposed tax overhaul, including repealing some tax deductions and cutting some tax rates.
The tax plan Trump has unveiled includes major tax cuts for high income households and big corporations.
He proposes to cut taxes for everyone earning $250,000 a year and individuals earning up to $450,000.
The Tax Foundation, which advocates for lower taxes for the middle class, has estimated that Trump would raise $4 trillion in tax revenue by eliminating the popular individual and corporate income tax rates and increasing the child tax credit, as well as eliminating the mortgage interest deduction.
However, the Tax Policy Center, a nonpartisan think tank, estimated that such tax cuts wouldn’t fully offset the costs of the tax overhaul.
The administration would also need to find ways to cut federal spending to offset the tax cuts, and to provide tax relief to many of Trump ‘s wealthiest donors.
Trump has previously said that he is willing to cut the corporate tax rate to 25 percent from 35 percent.
Trump also said that a top priority for his administration would be to eliminate the Affordable Health Care Act (ACA), the Affordable Medicare program and the federal retirement system.