60 Plus Association Issues on AARP’s Broadside Against Tax Reform Legislation
Targeted News Service
ALEXANDRIA, Virginia, Dec. 1 -- The 60 Plus Association issued the following statement by Chairman and Founder James Martin in response to AARP'sNovember 30 broadside against tax reform legislation moving through the Senate:
"AARP's latest statement against the biggest tax reform effort since the Reagan Administration would be funny were it not so pathetic.
"Between their fear mongering over non-existent cuts to Medicare, crocodile tears over the budget deficit and phony concern over eliminating the Obamacare fines the IRS levies on people who can't afford or don't want to buy health insurance, it's hard to say which bogus claim is more preposterous.
"Where was AARP when the Obama Administration was ratcheting-up the federal debt from $10 trillion to $19.5 trillion in just eight years? Where was AARP when Obamacare was forcing retired couples to pay up to $500 more in health insurance taxes? I'll tell you where they were - in a board room trying to figure out how to increase their revenue above the more-than $1.5 billion they collected in 2015.
"This is just another unserious pronouncement from AARP, a legislative Hail Mary attempt to derail a tax reform plan that will reinvigorate the economy, create new jobs and raise incomes. I'm not buying it and no serious person is."
APIAHF Condemns Senate Vote to Repeal ACA via Tax Reform
APHA Says Tax Legislation Holds Disastrous Consequences for Public Health
Advisor News
- Embracing a family-centric approach to financial planning
- Family communication: Financial planning’s growing blind spot
- Americans aren’t turning retirement plans into action, LIMRA finds
- Ashley Hinson ‘death tax’ story collides with truth
- How advisors can prepare clients for an uncertain retirement landscape
More Advisor NewsAnnuity News
- Investigation finds deceptive sales, churning of annuities targeting postal workers
- Corebridge annuity sales slip ahead of Equitable marriage
- California teachers settle class-action lawsuit over in-plan annuity fees
- Jackson Financial CEO caps 40-year career with blockbuster Q2
- Lumos Insurance introduces the Immediate Care Plan to help families fund long-term care
More Annuity NewsHealth/Employee Benefits News
- Louisiana hospitals see sharp uptick in uninsured patients after Obamacare subsidies expired
- Louisiana hospitals see sharp uptick in uninsured patients after Obamacare subsidies expired
- CareScout Redefines Worksite Long-Term Care Insurance With a Solution That Goes Further for Employers and Employees
- Next Generation My Care – It’s here … now what?
- 4 common LTC missteps older Americans must avoid
More Health/Employee Benefits NewsLife Insurance News
- Built to Last: Winston-Salem—a quiet industrial powerhouse
- The silver economy ushers in a new era of life insurance growth
- Family communication: Financial planning’s growing blind spot
- Indiana eyes more oversight of insurance companies' exposure to private credit
- HEALEY-DRISCOLL ADMINISTRATION RETURNS $14.5 MILLION TO HEALTH AND DENTAL INSURANCE CONSUMERS AND BUSINESSES
More Life Insurance News