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Obamacare taxes itself to pay for itself – the logic of the government

December 5, 2012

Headline – IRS finalizes new tax for medical devices in healthcare law

Pardon me, but wasn’t Obamacare supposed to make medial care cheaper for everyone?

So, taxing the people who make the things that the medical profession uses to improve the health of people is making care cheaper? Creating a new tax also creates a cost someone has to pay. The tax creates no new value, it just makes whatever taxed more expensive.

Figure out that one.

Now add this – the government will tax everyone as a way to pay for Obamacare, BUT, the government will also subsidize that tax for maybe half the population. meaning Obamacare won’t bring in enough tax revenue to both pay for the medical care and subsidize those using it at the same time. Oh where is simple logic in Washington?



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