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  • Braces for the Kids Just Got More Expensive: Obamacare Tax Hike Case Study

    01/11/2013 10:34:34 AM PST · by grundle · 10 replies
    Americans for Tax Reform ^ | January 11, 2013
    In 2013, the tax increases in Obamacare will increasingly conspire against kitchen-table family healthcare decisions. As just one example, below are some of the taxes that will impact the purchase of dental braces: Obamacare Medical Device Tax: As of Jan.1, Obamacare imposes a new tax of 2.3 percent on medical device manufacturers, including those who make dental braces. The tax is imposed on gross sales -- even if the company does not earn a profit in a given year. While the tax will be paid to the IRS by the manufacturer, the tax will be passed along as a higher...