Democrats Oppose ObamaCare Tax

http://www.futureofcapitalism.com/2012/12/democrats-oppose-obamacare-tax

Seventeen Senate Democrats, including Senator-Elect Elizabeth Warren of Massachusetts, Senators Franken and Klobuchar of Minnesota, and Senator Durbin of Illinois, have written a letter to the Senate Majority Leader, Harry Reid, calling for repeal of the 2.3% excise tax on medical devices that is part of ObamaCare. A press release from Senator Franken says, "I am concerned that we are running out of time before this job-killing tax goes into effect."

Maybe they should have thought of that before they voted for the ObamaCare law that they now want to revise.

The "job-killing tax," as Senator Franken calls it, is scheduled to go into effect January 1.

It's nice to see Democrats opposing tax increases and acknowledging that there is a connection between taxes and employment levels.

by Editor  |  Dec 11, 2012 at 10:40 am Related Topics:  Health Care, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list