Obamacare raises taxes, costs jobs

“If you were looking for a textbook example of a blundering government enacting a law that raises health care costs, destroys jobs, curtails innovation and hurts patient care – you’d come up with the medical device tax,” said U.S. Rep. Charlie Dent, of [Pennsylvania’s] 15th congressional district.

Are life-saving medical devices some sort of evil that warrants their own tax? Obamacare treats them that way. It imposes a 2.3% tax on revenues – not profits – of companies that make medical devices.

Already medical device firms across the country have begun laying off thousands of workers in anticipation of the added cost of the tax.

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