{"id":3180,"date":"2011-07-18T19:54:36","date_gmt":"2011-07-18T19:54:36","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=3180"},"modified":"2011-07-18T19:54:36","modified_gmt":"2011-07-18T19:54:36","slug":"a_taste_of_things_to_come","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=3180","title":{"rendered":"A Taste Of Things To Come"},"content":{"rendered":"<p><a href=\"http:\/\/www.foxbusiness.com\/industries\/2011\/07\/18\/medical-device-industry-urges-repeal-excise-tax\/\">Fox Business<\/a> reported today that more that 400 companies have sent a letter to Congress urging repeal of a $20 billion medical-device tax scheduled to go into effect in 2013.&nbsp; This is one of many taxes scheduled to go into effect after the 2012 election&#8211;the purpose of the tax increases is to attempt to pay for Obamacare.&nbsp; The companies are asking for a repeal of the 2.3% excise tax on medical-device manufacturers.&nbsp; <\/p>\n<p>There were two letters&#8211;one to the House of Representatives and one to the Senate.&nbsp; The letters stated:<\/p>\n<blockquote style=\"MARGIN-RIGHT: 0px\" dir=\"ltr\">\n<p><em>&#8220;We believe that implementation of this $20 billion excise tax will adversely impact patient care and innovation, and will substantially increase the costs of health care.&#8221;<\/em><\/p>\n<\/blockquote>\n<p dir=\"ltr\">One of the things to remember when we hear complaints about the cost of drugs and medical devices in America is that a very large percentage of what we pay goes to research and development of new drugs and devices.&nbsp; If we intend to keep moving forward in medical science, we need to allow the companies developing drugs and devices to reap the rewards of their research and development.&nbsp; Like it or not, profit is a strong motive&#8211;it works.&nbsp; To impose higher taxes on medical device manufacturers will increase the cost to the consumer (tax hikes on corporations are always passed on to the consumer&#8211;the companies <u>never<\/u> pay them!).<\/p>\n<p>The best solution to this problem is twofold&#8211;first repeal the tax, then repeal Obamacare.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fox Business reported today that more that 400 companies have sent a letter to Congress urging repeal of a $20 billion medical-device tax scheduled to go into effect in 2013.&nbsp; This is one of many taxes scheduled to go into &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=3180\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3180","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/3180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3180"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/3180\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}