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Congressional candidate: Repeal Obamacare

Editor:

Any "deal" the House Republicans make with the White House ought to include a full repeal of Obamacare. Short of that it ought to include a full repeal of one of the most insidious taxes of all time, the Medical Device Tax.

The inappropriately titled "Affordable Care Act" (Obamacare) raises over $500 billion in taxes over the next 10 years. In fact, it is the largest single tax increase in our nation's history. There are many new taxes levied in this deplorable bill, well-documented in an excellent article by U.S. Rep. Jeff Duncan, R-S.C., which can be viewed at http://
jeffduncan.house.gov/full-list-obamacare-tax-hikes.

As a surgeon who has seen 13,000 patients in Savannah during my career, I can tell you that the Medical Device Excise Tax is especially egregious for the following reasons:

1. It's a tax increase! We need to keep our money in our own pockets and not be forced to surrender it to an out-of-control, spendthrift and financially predatory federal government.

2. It is regressive in the worst way. It raises the cost of important health devices by 2.3 percent on the most vulnerable people — the very ill and disabled. This includes insulin pumps, pacemakers and joint replacements, to name but a very few of thousands of devices it taxes.

3. It is a job killer. Consider that a small device company with 20 employees and gross revenues of $3 million per year must pay this tax on its gross revenues for an additional expense of $69,000. Most small "startups" like this have slim profit margins, often far less than 10 percent. This company will be forced to drop 1-2 employees and will never be able to accumulate the capital to grow larger.

If you agree with me, call your congressman and tell him to repeal this tax. Obamacare is killing our wallets, killing our small businesses and it could potentially kill patients who will lose access to needed medical equipment.

Dr. Bob Johnson
Savannah ENT surgeon
Retired Army Ranger
1st Congressional District candidate

 

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