When President Obama’s Affordable Care Act was signed into legislation on March 23, 2010, it contained language that resulted in the taxation of life-saving medical devices. Needless to say, the medical industry was not pleased.
Bovie Medical Insights
Support for Medical Device Tax Repeal Increasing
Posted by Bovie Medical on Mon, Sep 30, 2013 @ 04:02 PM
Topics: Affordable Care Act, Obama, 2.3 excise tax, Medical Device Tax
Generally speaking, I know better than to discuss politics or religion. That being said, while an earlier blog had some of my suggestions for more intelligent taxation, the 2.3% excise tax on medical manufacturing is going to hurt business and jobs in the USA. It is a bad idea! That, you can take to the bank, or the poor house, as the case may be. How about if I add to my suggested taxing sales on the internet, with charging a penny or two to every e-mail? Maybe that would help the post office, which once again is going to raise the price of a stamp, and at the same time curtail many of the e-mails that you didn’t want anyway.
Topics: medical manufacturing, Romney, excise tax, Obama






