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March 19, 2010

Another tax increase hidden in ObamaCare

I was just reading the text of the proposed changes to the Healthcare reform bill. Hidden in the middle of dozens of pages is this gem:

IN GENERAL.—There is hereby imposed on the sale of any taxable medical device by the manufacturer, producer, or importer a tax equal to 2.9 percent of the price for which so sold.

Well guess what, people - Mr. Obama & company may have backed off on the 10% cosmetic surgery tax, but he's still sticking it to you with a 2.9% tax on implants and surgical supplies.

That's in addition to the additional 3.9% tax you'll be paying for any investment income. So, if you invested and "saved your pennies" like an honest, hard-working American, you might be penalized up to 6.8% for your cosmetic surgery!

This tax also would apply to pacemakers, stents, heart valves, cataract lenses, artificial hip & knee implants, motorized wheelchairs, and implantable defibrillators. As if these things weren't expensive enough!

It's the "Son-of-Bo-tax". Boo!!!

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1 Comments:

Blogger MedicalSpaMD.com said...

Appreciate the heads up on the Botox Botax.

March 19, 2010 4:58 PM  

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