How soon before medical implement makers move to China?
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01-30-2013, 10:20 PM
Post: #1
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How soon before medical implement makers move to China?
The Obamacare Medical Device Tax: Medical device manufacturers employ 409,000 people in 12,000 plants across the country. Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year. In addition to killing small business jobs and impacting research and development budgets, this will increase the cost of your health care – making everything from pacemakers to artificial hips more expensive.
Read more: http://atr.org/trillion-obamacare-tax-hi...z2GSa0VuKR Follow us: @taxreformer on Twitter THANKS OBAMA Ads |
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01-30-2013, 10:28 PM
Post: #2
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I'm quite sure it is already happening
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01-30-2013, 10:28 PM
Post: #3
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The tax is a penalty on those American medical device companies who create jobs overseas and sell their devices in this country. They wont be taxed if they create the jobs inside the U.S.
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