(Bloomberg) -- Repealing Obamacare would amount to a tax cut for the wealthiest Americans and a modest tax hike for some of the lowest earners, a new study found.

If the law were eliminated, as President-elect Donald Trump and members of Congress have pledged to do, the top 1 percent of earners would see an average tax cut of $33,000, while the top 0.1 percent would enjoy an average tax break of $197,000, the Tax Policy Center found.

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