Medical device tax: Conservatives launch Independence Day offensive
Conservative writers and industry advocates launch an anti-med-tech tax offensive on the nation's birthday, dubbing the Affordable Care Act the "Obamatax."
Conservative writers and med-tech industry advocates took the opportunity during the national holiday to reiterate grievances about the medical device tax contained in President Barack Obama's Affordable Care Act.
A trio of articles released yesterday lambasted the tax as "destructive" "smothering," with conservative tax-reform activist Grover Norquist dubbing healthcare reform the "Obamatax."
"Obamacare was supposed to reduce the cost of health insurance but it has 6 taxes on Americans who already have health insurance," Norquist wrote. "Obamacare was supposed to "bend the cost curve down" but it has a tax on medical devices."