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<blockquote data-quote="moreluck" data-source="post: 1079423" data-attributes="member: 1246"><p>The Gift that Keeps on Giving. Another happy consequence of Obamacare. Grin and bear it -if you are able to afford the braces, that is.</p><p></p><p>Via <a href="http://nation.foxnews.com/obamacare/2013/01/11/obamacare-tax-hike-braces-kids?intcmp=fly#ixzz2HiqqDYIh" target="_blank">Fox Nation:</a></p><p></p><p style="margin-left: 20px">In 2013, the tax increases in Obamacare will increasingly conspire against kitchen-table family healthcare decisions.</p> <p style="margin-left: 20px">As just one example, below are some of the taxes that will impact the purchase of dental braces:</p> <p style="margin-left: 20px"></p> <p style="margin-left: 20px">Obamacare Medical Device Tax: As of Jan.1, Obamacare imposes a new tax of 2.3 percent on medical device manufacturers, including those who make dental braces. The tax is imposed on gross sales — even if the company does not earn a profit in a given year. While the tax will be paid to the IRS by the manufacturer, the tax will be passed along as a higher cost of the product, ultimately to be borne by the parent buying the braces for their child.</p> <p style="margin-left: 20px"> With the cost of braces being as high as $7,625 this new tax could raise the cost of these braces by $175.</p> <p style="margin-left: 20px"></p></blockquote><p></p>
[QUOTE="moreluck, post: 1079423, member: 1246"] The Gift that Keeps on Giving. Another happy consequence of Obamacare. Grin and bear it -if you are able to afford the braces, that is. Via [URL="http://nation.foxnews.com/obamacare/2013/01/11/obamacare-tax-hike-braces-kids?intcmp=fly#ixzz2HiqqDYIh"]Fox Nation:[/URL] [INDENT]In 2013, the tax increases in Obamacare will increasingly conspire against kitchen-table family healthcare decisions. As just one example, below are some of the taxes that will impact the purchase of dental braces: Obamacare Medical Device Tax: As of Jan.1, Obamacare imposes a new tax of 2.3 percent on medical device manufacturers, including those who make dental braces. The tax is imposed on gross sales — even if the company does not earn a profit in a given year. While the tax will be paid to the IRS by the manufacturer, the tax will be passed along as a higher cost of the product, ultimately to be borne by the parent buying the braces for their child. With the cost of braces being as high as $7,625 this new tax could raise the cost of these braces by $175. [/INDENT] [/QUOTE]
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