Will wonders never cease: Democrats discover taxes hurt businesses!
4:00 pm December 11, 2012, by Kyle Wingfield
How cute: Fifteen Democratic senators who voted for Obamacare back in 2009 are asking Senate Majority Leader Harry Reid to see that the excise tax on medical devices is not implemented for now.
Read their letter here. It ticks all the usual boxes for the kind of anti-tax arguments that Democrats typically reject out of hand:
- The industry “directly employs over 400,000 people in the United States and is responsible for a total of two million high-skilled manufacturing jobs.”
- The industry “is also one of the few that enjoys a net trade surplus…”
- Our economy has a need for “increasing exports, promoting small businesses, and growing high-tech manufacturing jobs for the future…”
- The slapdash way in which Obamacare was constructed, with major decisions punted to an unaccountable bureaucracy to make (OK, that’s not exactly how the senators put it), has caused “significant uncertainty and confusion for businesses.”
- Rather than moving forward with another punitive tax on a particular industry, it would be preferable “to develop a long-term solution to help move our economy forward, reduce our debt and reform our tax code…”
- Not moving forward with this tax “will benefit patients, innovators and boost our country’s economic growth.”
All of which are arguments that would have been helpful for these Democrats to make three years ago when they were rushing to pass Obamacare in the first place. Conservatives made these very same arguments at the time, only to have Democrats ram the law through Congress anyway.
It turns out that some of these senators represent states where the medical-device industry is particularly important. I guess they had to pass the bill to find out what was in it.
– By Kyle Wingfield
Find me on Facebook or follow me on Twitter
356 comments Add your comment
William Reed
December 13th, 2012
5:42 am
Please learn to evaluate the value of money collected for services that we all appreciate. The people who complain about paying taxes have no problem with getting the benefits. We all get to contribute to the health of our nation. We can argue over which services we should have and try to figure the best way to pay for them, but the issue isn’t and never will be whether you have to pay or someone else does. Learn to argue the issue on what is important to the nation, not just your personal greed.
Lil' Barry Bailout - OBAMAPHONE!!!
December 13th, 2012
7:00 am
captguitarman: I wonder how many of these baying hound geniuses have even a clue that the top 2% will be paying a lot more taxes in 2013 because of the Obamacare additional taxes on dividend and capital gains
—————————-
Not many. A poll found that 60% think the top tax rate should be 25%…of course it’s already higher than that. The Obozo voter is light on facts, heavy on envy and greed.
JDW
December 13th, 2012
7:48 am
@LBB…”After Our President Bush cut taxes, revenue went up, GDP growth went up, and unemployment went down. ”
Nice fanatsy! In reality Duhbya cut taxes in 2001 and it took FOUR YEARS for revenue to get back to 2000 levels. If you adjust that for inflation, as you should, it took SIX YEARS for them to equal 2000 levels. Now while trashing revenues do you think Duhbya had the sense to curb spending OH NO…two unfunded wars and a unfunded Insurance program are just two more of his blunders PLUS he raised defense spending THROUGH the ROOF.
Duhbya=Worst President of ALL TIME.
Aesop's Fables and other Lib Economic Theories
December 13th, 2012
7:53 am
Now while trashing revenues do you think Duhbya had the sense to curb spending OH NO…two unfunded wars and a unfunded Insurance program are just two more of his blunders PLUS he raised defense spending THROUGH the ROOF.
Talk about historically illiterate. It’s almost as though 9/11 never happened or Bush had a choice with it.
kelly
December 13th, 2012
2:44 pm
Special interest donors (like GE) complained. Follow the money…
j
December 14th, 2012
3:59 pm
I googled to get information on what Al Franken and some other democratic Senators are opposed to in the Affordable Health Care Act. And low and behold, i get the wisdom of Kyle Wingfield. And he has to be oh so smug and snarky.
i believe Democratic congressmen do a much better job of governing for the will of all the people, because they do not do everything in lock, stock and barrel.
A few Republicans are denounces Grover Norquist and i applaud them. The rest i’ve had it with.
Perhaps the Journalism of Kyle Wingfield will clear my head and get me back to believing in what i’m suppose to believe in.