Wednesday, December 12, 2012

Dems backpedaling on medical device tax set to kick in next year...

They are afraid the tax will kill jobs in the medical device industry. The medical device industry is one business sector where we have a trade surplus...
In a letter to Majority Leader Harry Reid, 18 Democrat senators and senators-elect have asked for “a delay in the implementation” of the Obamacare medical device tax.  Like most of the significant tax increases in Obamacare, the medical device tax is scheduled to take effect on Jan. 1, 2013, conveniently after the 2012 presidential election.

Each of the 18 Democrat signatories voted for or supported Obamacare in the first place. 
Democrats should have listened to Republicans or at least read the darn bill...

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