Repealing Obamacare, Cutting Taxes, and Other Key Points from Donald Trump’s Second Presidential Debate

Date: October 12, 2016

Trump touched on major small business issues during the Oct. 9 debate.

Taxes and healthcare were some of the major focal points during the second presidential debate between Hillary Clinton and Donald Trump. And the night “was a real improvement” for Donald Trump, according to CNN

DON’T MISS NFIB’S COVERAGE OF THE 2016 PRESIDENTIAL ELECTION. 

Only 66.5 million tuned in to see the two candidates exchange some fireworks live, compared to the record-breaking 84 million viewers who watched the first debate. See below for more on what Trump had to say about healthcare and taxes (a full transcript of the second debate can be seen here): 

Healthcare 

Trump has said he would repeal the Affordable Care Act if he were to take office, and he echoed those sentiments at the debate, saying, “Obamacare is a disaster,” which “implodes by itself” in 2017. 

“We have to repeal it and replace it with something absolutely much less expensive and something that works, where your plan can actually be tailored. We have to get rid of the lines around the state, artificial lines, where we stop insurance companies from coming in and competing, because they want—and Pres. Obama and whoever was working on it—they want to leave those lines, because that gives the insurance companies essentially monopolies. We want competition.” 

He also mentioned how health insurance is “going up by numbers that are astronomical, 68 percent, 59 percent, [and] 71 percent.” 

Taxes 

Trump said, “One thing I’d do is get rid of carried interest,” and reiterated that he would lower the tax rate “from 35 percent to 15 percent.” 

“We’re getting rid of carried interest provisions. I’m lowering taxes actually, because I think it’s so important for corporations, because we have corporations leaving—massive corporations and little ones, little ones can’t form. We’re getting rid of regulations which goes hand in hand with the lowering of the taxes.” 

Note: This news coverage does not equate to an endorsement of any candidate by NFIB. 

Photo credit: Gage Skidmore

Related: 

Donald Trump Focuses on Taxes, Regulations, and Healthcare in the First Presidential Debate

What Is Donald Trump’s Plan for Small Business?

How Would a Democratic President Affect Small Business?

Related Content: Analysis | Elections | Healthcare | National | Taxes

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