16 Obamacare-Voting Democrat Senators Oppose Its “Job-Killing” Tax Hikes
December 11, 2012 11:50 pmObamacare is currently three times original cost estimates, and it is unclear where all the revenue needed to pay for the costly new program will come from. Perhaps when John Roberts unveiled his philosopher’s stone and turned the single mandate penalty into a tax, this should have been a clue that higher taxes were coming.
Beltway Confidential covers the story on the medical device tax:
Sixteen Democratic senators who voted for the Affordable Care Act are asking that one of its fundraising mechanisms, a 2.3 percent tax on medical devices scheduled to take effect January 1, be delayed. Echoing arguments made by Republicans against Obamacare, the Democratic senators say the levy will cost jobs — in a statement Monday, Sen. Al Franken called it a “job-killing tax” — and also impair American competitiveness in the medical device field.So we have it on the record, once and for all: Democrats admit that raising taxes on the private sector can lead to lost jobs. This is a breakthrough of such gargantuan proportions that maybe we can start slashing the deficit by saving on mental health expenditures! After all, Louisiana Governor Bobby Jindal just penned an op-ed arguing that Congress was “psychologically incapable of getting our fiscal house in order.”
Some Democrat Senators admitting that Congress has a taxing problem is a good start; but let’s hope they don’t wait too long to discover that Washington has a spending addiction as well.
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