Recognize any of these names: Al Franken, Richard Durbin, Charles Schumer,
Patty Murray, John Kerry, Kirsten Gillibrand, Amy Klobuchar, Joseph Lieberman,
Ben Nelson, Robert Casey, Debbie Stabenow, Barbara Mikulski, Kay Hagan, Herb
Kohl, Jeanne Shaheen, and Richard Blumenthal.?
What do these 16 Senators have in common? For starters,
they all voted in favor of the ObamaCare Tax Levy. Now,
they are beginning to realize just what a disaster this poorly written
piece of legislation really is.
In an article found at the Washington Examiner, we learn that all of the above have signed onto
a letter addressed to the Do Nothing,
Harry Reid, asking that the
medical devise tax be deleted or, at least, postponed. The
article cites the tax at 2.3 percent. The sudden and amazing concern of the
these 16 Democrat Senators, is the
effect this tax will have on jobs. They
could not have cared less when the bill was being written. They raised no objections before the 2010
midterms or this past election cycle.
But, suddenly,
they care about the 400,000 jobs
that stand to be effected because of this tax,
a payment due to the Feds that will come directly out of the medical
devise industry’s bottom line.
But who in the Democrat Party understands phrases such as “bottom
line?” You should know that none of the 16 Senators named in this report have ever run a business or know anything about "bottom lines" and profit margins.
This party has embraced the Dufus/GiveMe Generation including union bullies, teachers who care more about their salaries than a school district's bottom line, and, the anarchists in the failed Occupy Movement. Now, their congressional representatives have - apparently - been introduced to the business concept of “the bottom line” and the effects an ever increasing tax code has on the national economy.
In 1913, the tax code was two pages; today, it totals 76,000 pages.
This party has embraced the Dufus/GiveMe Generation including union bullies, teachers who care more about their salaries than a school district's bottom line, and, the anarchists in the failed Occupy Movement. Now, their congressional representatives have - apparently - been introduced to the business concept of “the bottom line” and the effects an ever increasing tax code has on the national economy.
In 1913, the tax code was two pages; today, it totals 76,000 pages.
Understand that if a particular company carries a bottom
line “profit” of 4% (a typical percentage for a majority of businesses), this tax can be
devastating. In this case, the manufactures’ will have no choice but to
cut back on current employment and amend plans for expansion in the near
future.
I have long believed that the knuckle draggers and one toothers who wrote this bill, could not have cared less about anyone's bottom line; that this National Tax bill will eventually collapse under its own weight. This story marks the beginning of that reality.
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