Supreme Court Upholds Health Care Mandate

[HailGreen28]

Originally Posted by NC_Skins

Not sure how they don't support my position when I didn't state a position. I stated that Fox News was exaggerating and distorting, which they were. They make it to seem that this tax is going to end jobs, stifle innovation, and make health care costs go up that much more. The stuff I posted (one being from somebody within the industry) says otherwise. Also, I really doubt companies are cutting back on R&D right now in response to any taxes. Many companies use stuff like this as a scapegoat so they can be cheap and make more money.

You said Fox was distorting and exaggerating on the effect of the increased tax on small medical device companies. Your first link: "Small companies that are often engines for important innovations need more protection from the tax. "

Your second link doesn't defend the tax, it just says everybody is getting hit. This is not a good defense of anything. The medical device industry is not being singled out. The excise tax is one of several new levies on sectors that will gain business due to health reform....

The tax will not cause manufacturers to shift production overseas. The tax applies equally to imported and domestically produced devices, and devices produced in the United States for export are tax-exempt......

The tax will have little effect on innovation in the medical device industry. To the contrary, health reform may well spur medical device innovation by promoting more cost-effective ways of delivering care.....

The effect of the excise tax on consumers’ costs for health care and health insurance will be minimal and will be swamped by other factors.

Nevermind taxing and restricting something isn't going to "gain" anything in that field. Both links seem like more of a defense of the Fox story than a rebuttal.