ObamaCare, MotherF*&%er!!!!

[Phatscotty]

Not sure how many people know this, but Minnesota is the home of Medtronic, St. Jude, Boston Scientific, and 3M. Here, that little medical device tax you might have been warned about around the time OBamaCare was passed, but was mostly talked about for the tax code "redefining" a tooth brush as a "medical device".....

Anyhew, this medical device tax is a monster on Minnesota. Just wanted to remind you supporters out there of new entitlement programs based on need, that the "impossible to see outcome in the near future" is arriving for us this year. Millions of excellent paying, middle class supporting, high tech jobs are on the line. Your little feel good moment when Obamacare was passed is now about to start tearing families apart and costing people their pride and their jobs so you can get your warm fuzzies and stroke your egos about how good you are and how much you care. I know why you don't care right now, because these jobs I am talking about are just a bunch of rich bastards anyways, they can handle it!

Oh, but not until after the election



oh well, add it on the national debt!

[Night Strike]

I've never understood how medical costs could go down when taxes are being added to the actual tools being used in treatments.

[PLAYER57832]

I've never understood how medical costs could go down when taxes are being added to the actual tools being used in treatments.

Yo will have to back that up with data.

but overall, taxes have very little to do with real medical costs.

[thegreekdog]

I've never understood how medical costs could go down when taxes are being added to the actual tools being used in treatments.

Clearly the medical supply companies bought... I mean supported... the wrong candidate.

The medical device excise tax is a major issue for a lot of companies and is going to increase costs significantly. I've already worked with a bunch of companies on it, and it is clear these costs will be passed through. So the costs get billed to the customers' insurances, the customers' insurances collect the money from the customers, employers, and/or the federal government. But they had to do something to pay for the extra 5 people that get health insurance under the Affordable Care Act.

[Night Strike]

I've never understood how medical costs could go down when taxes are being added to the actual tools being used in treatments.

Yo will have to back that up with data.

but overall, taxes have very little to do with real medical costs.

http://www.irs.gov/uac/Medical-Device-Excise-Tax:-Frequently-Asked-Questions

The government is directly adding 2.3% to the cost of medical devices, which is in addition to any inflation and other normal market forces. How will health care costs go down when the government is forcing suppliers to pay more?

[karel]

its a great day in america

[Metsfanmax]

I've never understood how medical costs could go down when taxes are being added to the actual tools being used in treatments.

Yo will have to back that up with data.

but overall, taxes have very little to do with real medical costs.

http://www.irs.gov/uac/Medical-Device-Excise-Tax:-Frequently-Asked-Questions

The government is directly adding 2.3% to the cost of medical devices, which is in addition to any inflation and other normal market forces. How will health care costs go down when the government is forcing suppliers to pay more?

You are quite right, the government tax on the medical devices is the only factor that will determine the change in health care costs.

[jbrettlip]

I can't believe this thread has gone 289 pages of the same shit. Either you are a socialist or you understand economics. All of you could have made enough money to buy your own insurance had you only channeled this energy into something more productive.

[Phatscotty]

I can't believe this thread has gone 289 pages of the same shit. Either you are a socialist or you understand economics. All of you could have made enough money to buy your own insurance had you only channeled this energy into something more productive.

now that is fuckin funny!

Cuz it's true

[Lootifer]

Im left leaning (what you would call socialist), I also understand economics... Probably better than you

[jbrettlip]

Im left leaning (what you would call socialist), I also understand economics... Probably better than you

Probably not...

[Neoteny]

IF YOU DON'T LIKE THE DECISIONS MADE BY THE PEOPLE OF THIS COUNTRY, JUST GO SOMEWHERE WHERE GUNS AND RELIGIOUS FANATICS HAVE FREE REIGN.

I suggest Somalia.

[Lootifer]

Im left leaning (what you would call socialist), I also understand economics... Probably better than you

Probably not...

Oh do tell!

I know your chomping at the bit to whip out your masters degree in margin trading or something equally awesome.

[PLAYER57832]

I've never understood how medical costs could go down when taxes are being added to the actual tools being used in treatments.

Yo will have to back that up with data.

but overall, taxes have very little to do with real medical costs.

http://www.irs.gov/uac/Medical-Device-Excise-Tax:-Frequently-Asked-Questions

The government is directly adding 2.3% to the cost of medical devices, which is in addition to any inflation and other normal market forces. How will health care costs go down when the government is forcing suppliers to pay more?

Among the reasons for medical pricing, taxes are pretty low on the list.

[PLAYER57832]

I can't believe this thread has gone 289 pages of the same shit. Either you are a socialist or you understand economics. All of you could have made enough money to buy your own insurance had you only channeled this energy into something more productive.

Hmm.. because according to you economics dictates that there is plenty of work out there, plenty of people willing to pay a decent wage... and oh, yeah, who cares if we are stealing our children's future to support a fictitious growth model..