It's health subsidies vs. tax on med technology

  • Article by: KEVIN DIAZ , Star Tribune
  • Updated: June 4, 2012 - 9:46 AM

Repeal of the tax, part of new health care law, is a priority for Minnesota firms and Rep. Paulsen.

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clownbasketJun. 3, 12 8:19 PM

Amy Klobuchar voted for this jobs killing tax increase....but for sme reason she catches no heat for it. Senator K has voted for every single tax increase that the progressives have pushed...none are good for job growth, but this med tech tax is especially bad for the state of Minnesota. I'm amazed that anyone could back her after voting for this anti-Minnesota tax.

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tooty123Jun. 4, 12 4:10 AM

Good old Eric. Always looking out the the poor and low income people.

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bobajoulJun. 4, 12 6:10 AM

Another subsidy for big business on the backs of the poor and middle class. Tax breaks go on the spending side of he ledger, so more deficit, then Mr. Paulson will campaign on deficits.

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formergopJun. 4, 12 7:11 AM

Ahhh champion of health care. In other words, Insurance caompanies are some of my biggest campaign donors. Obamacare will interfer with their profits, which in turn interfers with my campaign donations. My job is more important then 40 million who have no health insurance.

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mrnice50Jun. 4, 12 7:34 AM

Many seem to forget that the tax increase will only be passed on. So the end user - the patient and his insurance company - will be paying this tax. Companies will lay off people and cut research until they start receiving the benefits from the end users.

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betty99Jun. 4, 12 7:48 AM

Medical devices companies in Minnesota and throughout the US charge on average 7 times as much for their devices in the US versus non US countries. And they make a profit when selling them overseas. TAX THEM MORE!

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mrnice50Jun. 4, 12 8:04 AM

Medical devices companies in Minnesota and throughout the US charge on average 7 times as much for their devices in the US versus non US countries. And they make a profit when selling them overseas. TAX THEM MORE!..... A medical device, especially the disposable ones, have a shelf life of approximately 3 years until someone comes out with something better. The money goes to R&D, so you wish to stop R&D and end the technological edge that America has in the Medical device field?

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jpcooperJun. 4, 12 9:56 AM

The cost of Education is going through the roof. We need to propose an Education tax on the makers of pencils, pens, notebooks, books, rulers, paper, folders, etc...All these companies benefit and profit because of the Education industry.

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dflpartyJun. 4, 1210:04 AM

This shows how very little the Democrats understand about economics. They say imported devices will be taxed but devices for export will not. If America taxes a device made in Germany, the German Government will impose a tax 3 times higher on the American product therby virtually eliminating the export business for the American device.

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danielfbooneJun. 4, 1210:27 AM

Given the skyrocketing cost of healthcare and record profits of the medical products industry, it borders on the absurd to give the industry additional tax breaks and subsidies and expect mid and low income to pay for it.

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