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Overnight Short Film: The Day Wonderland Stood Still...

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lawhawk10/01/2013 7:20:42 am PDT

re: #385 darthstar

The medical device tax is one of those parts of the Obamacare legislation that has seen quite a bit of lies, obfuscation, and propaganda. Whether it’s the bogus checkout receipts showing a tax imposed at Cabelas or other nonsensical claims, the tax is imposed on certain medical devices to help fund Obamacare.

Want to get rid of that tax, offset it with a tax hike on something else - like say 1% surcharge on anyone making $1m or more.

Opponents want to get rid of the tax, and hopefully use the loss of revenue to kneecap the subsidies. In other words, reduce the subsidies, and make the insurance provided less affordable to those who are seeking insurance through the exchanges.