About Trumpcare age-based tax credits
Trumpcare
At its core, this reimagined Trumpcare proposal simplifies the current maze of tax loopholes, ACA subsidies, and Medicaid expansions by introducing an age-based tax credit structure. Every American would receive a tax credit to purchase private, portable insurance: $3,000 per year from birth to age 30, which increases by $100 for each year of age starting at 31 (for example, a 45-year-old receives $4,500). Additionally, any unused tax credits would automatically fund a personal Health Savings Account (HSA), allowing Americans to engage in effective financial planning and build long-term tax-free savings for future care.