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Related: About this forumCorporate greed, (Legislation to repeal the Medical Device Excise Tax, )
stuffmatters
(2,574 posts)They've been relentless and roped the support of many reliably liberal Dems who represent states with strong Med Device presence...Mass, Ca, Minn among other. So watching that MD tax exemption from ACA pass with a markedly "bipartisan" vote a couple years ago was nauseating.
Under Obamacare MD Corporations vastly increased their sales; obviously more insured people more medical devices sold. Yet they cried 'job killer" from the start. What really got them I suspect is that the device tax was a direct immediate tax, one that they couldn't avoid by corporate inversion or offshoring their money.
So to make permanent their suppression of the Medical Device Tax they are supporting the antiinsurance
of GOPwealthcare. It's amazing how self destructive they are, as GOP plan will only decrease their sales and eventually lead to only the wealthiest fraction of the population having coverage to buy their devices.
What is it with the rich...can't they even pay taxes when they directly profit from the program those taxes support?.
turbinetree
(24,703 posts)What is it with the rich...can't they even pay taxes when they directly profit from the program those taxes support?.