BlackFlag10
College Conservative
- Jun 1, 2012
- 121
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Currently included in the Affordable Care Act, more commonly known as Obamacare, is a 2.3% tax on total sales of medical devices by manufacturers that went into effect on January 1,2013.
This tax works much like a typical excise tax, like taxes on cigarettes, by increasing the per-unit prices of a medical device. Where it differs from excise taxes like on cigarettes is that this tax is levied on the manufacturer or importer before a taxable medical device is sent to the wholesaler or hospital.
Here are five reasons why the Medical Device Tax needs to be repealed NOW:
-Job Killer
-Double-Digit Profit Losses
-Increases Consumer Costs
-Lack of Incentive To Innovate
-Market Consolidation Equaling Higher Prices
EVERYONE NEEDS TO READ THIS ARTICLE NOW.
Contact your reps and tell them to repeal this tax now
Cameron Harris: 5 Reasons To Repeal Obamacare's Medical Device Tax NOW
This tax works much like a typical excise tax, like taxes on cigarettes, by increasing the per-unit prices of a medical device. Where it differs from excise taxes like on cigarettes is that this tax is levied on the manufacturer or importer before a taxable medical device is sent to the wholesaler or hospital.
Here are five reasons why the Medical Device Tax needs to be repealed NOW:
-Job Killer
-Double-Digit Profit Losses
-Increases Consumer Costs
-Lack of Incentive To Innovate
-Market Consolidation Equaling Higher Prices
EVERYONE NEEDS TO READ THIS ARTICLE NOW.
Contact your reps and tell them to repeal this tax now
Cameron Harris: 5 Reasons To Repeal Obamacare's Medical Device Tax NOW
