News Blog for social, fiscal & national security conservatives who believe in God, family & the USA. Upholding the rights granted by God & guaranteed by the U.S. Constitution, traditional family values, "republican" principles / ideals, transparent & limited "smaller" government, free markets, lower taxes, due process of law, liberty & individual freedom. Content approval rests with the ARRA News Service Editor. Opinions are those of the authors. While varied positions are reported, beliefs & principles remain fixed. No revenue is generated for or by this "Blog" - no paid ads - no payments for articles.Fair Use Doctrine is posted & used. Blogger/Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year] Contact: editor@arranewsservice.com (Pub. Since July, 2006)Home PageFollow @arra
One of the penalties for refusing to participate in politics
is that you end up being governed by your inferiors. -- Plato
(429-347 BC)
Monday, March 29, 2010
Health Care Law Hits Medical Device Manufacturers
The Tax Will Drive Marginally Profitable Companies Into The Red And Extend Losses For Those Already Losing Money”
“’Minnesota Is Going To Take About 25 Percent Of The Hit On The Total Tax Levied Against The Medical Technology Industry,’ Said Don Gerhardt, The Chief Executive Of Lifescience Alley, A Minnesota-Based Trade Group Representing Several Industries, Including Medical Device Makers.”(“Excise Tax Has Local Medical Device Makers Concerned,” Minnesota Public Radio, 3/29/10)
INDIANAPOLIS STAR: “The Legislation, In Fact, Is Likely To Accelerate Price Increases In Some Areas Of Health Care. For Instance, A Tax Increase On Medical Device Companies Is Sure To Be Passed On To Consumers And Their Insurers.”(Editorial, “Vote Is Done But Debate Continues,” Indianapolis Star, 3/23/10) Tags:health care, increased costs, medical devices, Indiana, MINNESOTA To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
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