Police Work, Politics and World Affairs, Football and the ongoing search for great Scotch Whiskey!

Wednesday, December 12, 2012

According to leftists, this is impossible

Every time the leftists in Congress and the media say "just raise taxes on the rich" or words to that effect they say it will raise so much money. They say it because no one actually reacts to an increase in taxes. No one shifts their money to less profitable but tax sheltered investments, moves money off shore where it will not produce American jobs, etc. No, that never happens.

Or does it?
Democrats urge delay for ‘job-killing’ Obamacare tax

Sixteen Democratic senators who voted for the Affordable Care Act are asking that one of its fundraising mechanisms, a 2.3 percent tax on medical devices scheduled to take effect January 1, be delayed. Echoing arguments made by Republicans against Obamacare, the Democratic senators say the levy will cost jobs — in a statement Monday, Sen. Al Franken called it a “job-killing tax” — and also impair American competitiveness in the medical device field....

...“The medical technology industry directly employs over 400,000 people in the United States and is responsible for a total of two million skilled manufacturing jobs,” the senators wrote in a December 4 letter to Reid. “We must do all we can to ensure that our country maintains its global leadership position in the medical technology industry and keeps good jobs here at home.”

Beyond that, the senators say, the medical device industry “has received little guidance about how to comply with the tax” — a reference to the apparently confused and halting nature of the Obama administration’s implementation of Obamacare.

Several of the senators, many of whom have medical device manufacturers in their states, have opposed the tax for a long time. During the Obamacare debate, for example, Franken and Klobuchar were among a group of senators who successfully pushed to reduce the tax. (The device giant Medtronic is headquartered in Minnesota.)

On Monday, Franken again expressed his opposition to the tax he voted for. “I want to repeal the medical device tax altogether,” the senator and former comedian said in a statement. “But I am concerned that we are running out of time before this job-killing tax goes into effect. So, for now, the best thing to do to ensure that this important industry continues to create jobs and producing life-saving devices is to delay this unwise tax.” Franken and other want Reid to include a provision to delay the tax in the ongoing fiscal cliff negotiations...

So Al, a cluster f$%^ you proudly voted for (but will not be subject to, conveniently) will hinder American productivity and hurt people other than "the rich". And now you want it cut out of Obamacare. Why did you vote for it? Well, before that, maybe you should have read it.

I hope this crap is ripped out. Beth called for eye exams for her and the kids and the clerk at the eye doctor said everyone is trying to get an exam before the end of the month. Why? Because glasses and contacts are now "medical devices".

To all the Obamaites out there who voted for this, thanks!

No comments:

Post a Comment