Think about what is going to happen to the cost of a CAT scan, PET, or MRI!!!
As much as I hate the idea of Oozocare and the taxes associated with it, I can’t fully buy into the scenario posed by Greenberg. Like it or not, the demand for health care in highly inelastic, which means the quantity demanded is very insensitive to price changes. If your doctor raises his fees by 10%, do you really go shopping for a cheaper doctor who operates out of his garage? If you need a heart transplant, do you really shop around for the cheapest doctor? I don’t think so. Same for the devices that support those doctors. My guess is that you and I will see this most of this tax passed onto us in the form of higher healthcare costs, but does that really come as a surprise? Obozo and all the other political hypocrites who signed the bill could care less about you or your economic situation. Like Pelosi was stupid enough to say prior to its passage: “This bill is too important to take the time to read it.” It sounded good to the 51% of economic freeloaders and, hence, was voted into law without even reading the bill. Idiots...Republicans and Democrats alike.
He wants to create a world where the real taxpayers and the middle class do not have any more wealth than his moocher-class followers.
If he can't drag the moochers up, and he knows he can't, he will drag others down to the moocher level.
And that is exactly what he is doing.
I work for a medical device design company in NC.
I havent had any new design work in 3 weeks and prior to that 1 design job in 2 months. My boss can’t keep paying me to sit on my butt and search the web, self training, etc. I fear the worst is around the corner for me!
This tax will not encourage the offshoring of medical device manufacture since the tax also applies to medical devices imported into the US for sale. Also the tax doesn't apply to devices manufactured for export so it won't affect a firm's competiveness in foreign markets.
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Because it’s a sure way to drive up the cost of everything in health care from artificial joints to kits that test blood-sugar.
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Because it’s a sure way to drive up the cost of everything in health care from artificial joints to kits that test blood-sugar.
