Democratic Senators Fighting Part of Obamacare Posted By: Yidwithlid 12/13/2012 8:58:31 AM The Lid, by Jeff Dunetz Original Article
Under Obamacare, seniors pay higher taxes for the honor of being rejected for necessary treatments. Higher taxes on drugs took effect last year and beginning on January first unless some Democratic Party senators have their way, there will be a tax on medical devices. Each of these taxes will hurt seniors the most as they are more heavily dependent on these products.
The medical device provision of Obamacare imposes a excise tax on medical device manufacturers equal to 2.3percent of the wholesale price. The items taxed include devices crucial for our older citizens, such as pacemakers, hip joint replacements, powered wheelchairs,