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17 Democratic senators:


Posted: Dec 14, 2012

17 Democratic senators: Stop these new ObamaCare taxes!

Published by: Dan Calabrese on Thursday December 13th, 2012

Dan Calabrese

By DAN CALABRESE - Never mind that we voted for them.

Per my Michigan View/Detroit News editor Henry Payne, Democrats are shocked - shocked! - to discover that ObamaCare creates new taxes, and furthermore, that these new taxes will actually have a negative effect on those who are stuck paying them (not to mention their customers).

This is both rolling-on-the-floor hilarious and troubling as hell:

Michigan Senator Debbie Stabenow has suddenly noticed - THREE YEARS after she approved Obamacare - that the act punishes medical device-makers with job-killing taxes.

Michigan's junior senator joined 17 other Democratic U.S. Senators and senators-elect in signing a letter to Senate Majority Leader Harry Reid last week calling for a "delay in the implementation" of the medical device tax in Obamacare, reports the Wall Street Journal.

We're not making this up. Republican and small businesses have been screaming about the 2.3 percent excise tax - effecting companies like Michigan-based, Stabenow-constituent Stryker (not that you would know reading the press) which has laid off 5 percent of its workers to compensate for its $100M tax bill in 2013.

"The medical technology industry directly employs over 400,000 people in the United States. . . . (The) industry has received little guidance about how to comply with the tax - causing significant uncertainty and confusion for businesses," reads Stabenow's letter. "We urge you to support delaying enactment of this provision in a fiscally responsible manner."

Here's a question: Remember how we were told that ObamaCare would reduce the deficit, since all the new taxes (sorry, "revenues") would more than offset the costs? You don't suppose anyone would freak out over the actual implementation of such measures and demand changes, delays, postponements . . . do you ?

This is why you can't trust these "over 10 years" projections that come out of Washington concerning deficit-reduction or the cost of any particular new spending plan. They always assume things that they know will not happen. For instance, Obama's long-term projections assume three things: 1) the expiration of his payroll tax cut; 2) unemployment benefits that expire on their normal schedule; and 3) no doc fix for Medicare providers. In reality, Obama will not only favor but demand that the payroll tax and the unemployment benefits be extended. He will sign a doc fix bill because he always does, and that will add to the cost of both Medicare and ObamaCare.

Oh, and his long-term projections also assume the expiration of all Bush tax cuts, even though he says he wants to extend them for people who make under $250,000.

So why should the sudden Democratic freakout over the medical device tax surprise anyone? Vote for the creation of a new tax when implementation is years away, then beg for a delay when the day arrives and call yourself a hero to your constituents. As long as the media lets you get away with it, why not?

;

All mainstream economists feel reform is very necessary to - bring healthcare inflation under control. Not

[ In Reply To ..]
one of them, and not one single citizen with a normal adult fund of knowledge, didn't think it wouldn't cost us money.

EVERYTHING costs, and that certainly includes a healthcare system that can serve more than 300,000 million people well.

As for all those supposed excitable, screaming people in that article, perhaps they should see if their physicians feel they would benefit from some p.r.n. Xanax, or perhaps a mood stabilizer.

For starters, there's nothing "sudden" about this. - No, dems are not just

[ In Reply To ..]
"getting around" to reading the bill. The same folks voiced opposition when debate to repeal the tax came up in the House last summer. At the time, it was viewed by many as yet another example of GOP "chip-away" strategy to undermine the ACA and set it on a long-term course toward ultimate failure, much the same approach they take at federal and local levels when addressing their failure to overturn Roe vs Wade. What they cannot accomplish through legitimate avenues which, in the case of ACA, now includes affirmation by all three branches of government, they target for subterfuge.

The dems who signed onto the letter are not supporting outright repeal. They are asking for a delay so that guidelines can be put into place for MD industry compliance. Should the measure ever come up for vote in the Senate, those same dems will have THEIR chance to do their jobs and will either vote for or against the repeal. BAU/BFD. Meanwhile, President Obama has made it clear this will be an uphill battle for them when voicing his intent to veto repeal, so they are embarking on their supermajority-building mission. BAU/BFD x2.

IMO, the argument that this tax will break the backs of the heavily federally-funded MD research industry and send them running overseas is hyperbolic and overblown, since the tax itself applies to ALL medical devices, regardless of where they are sold. Also, the "new customer" base ACA may potentially create by extending insurance coverage for them where there is PRECIOUS LITTLE under current private insurers' policies is no small consideration (exceptions being in a few scattered "Cadillac" plans). Perhaps a tweak MAY be in order AFTER this measure takes effect and enough time has passed to actually SEE these predicted "disastrous" outcomes would be in order. In the meantime, I think the president should stand firm.

It comes as no surprise that this issue is getting blitz coverage in the winger media while a balanced coverage search yields a goose egg. I am always leery of an issue's actual viability when this occurs.

trumped-up nonsense - sm

[ In Reply To ..]
medical device manufacturers are hardly being "punished" with "job-killing taxes". The medical device industry in Michigan is a powerful lobby, and Senator Stabenow is simply playing politics. The hystrionics and hyperbole on the part of the article's author are completely unnecessary, and the good senator would have to be an idiot to pretend she is blindsided by this tax.

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