Repeal ACA Tax on Investment Income and AMT

Current Status: Faltering

As of

As part of the Middle Class Tax Relief And Simplification Act:

"The 3.8 percent Obamacare tax on investment income will be repealed, as will the alternative minimum tax."

Although not part of any legislation advanced by Trump, the House GOP introduced and passed a repeal bill in May 2017 that would effectively strip away ACA-related taxes. The bill failed to pass.

In October 2017, the House passed a budget resolution (H. Res. 553 , H. Con. Res. 71) that specified "repealing the Alternative Minimum Tax." The specific terms in the resolution failed to pass through the final reconciliation bill in December 2017 meaning that repeal of the ACA tax provisions will likely hinge on another ACA repeal attempt.

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