Forbes and the WSJ must be part of the misinformation conspiracy. either that or you don't read much.<quoted text>There is NO such thing as a Federal Sales Tax. But I have got to hand it to all you fear mongers. That's a NEW good one. Right up there with Death Panels,Birthers and a UN take over.
'Obamacare's Medical-Device Tax Kills Patients, Not Just Jobs
My colleague Robert Book has written a compelling analysis of Obamacare’s medical-device tax, which concludes that it will destroy about 14,000 and perhaps up to 47,100 jobs. The 2.3 percent excise tax on medical devices is a savage blow to innovation. Note that this tax is on sales, not profits. It cuts into the top line, not the bottom line. If not repealed, this tax will start hitting medical-device makers on January 1, 2013.
Another colleague, Benjamin Zycher, has come at the tax from a different angle: In an analysis that concludes that the tax will lead to a reduction in research and development by about $2 billion every year, Zycher estimates how many patients will suffer early deaths because of the throttling of innovation.
Reviewing peer-reviewed literature on the relationship between medical technology and improvements in life expectancies, Zycher estimates that the knock-on effect of the tax will be about one million life-years lost annually...'