House Speaker John Boehner exaggerated when he said the 2.3 percent medical device excise tax in the Affordable Care Act “is costing us tens of thousands of jobs that are being shipped overseas.”
Boehner and the Medical Device Tax
Issues: medical device tax
Cabela’s Medical Tax Mistake
Q: Does the health care law contain a “hidden” tax on hunting and fishing equipment?
A: No. There is a 2.3 percent excise tax on certain medical devices. Cabela’s, a Nebraska sporting goods company, applied the tax to some of its customers’ purchases by mistake.
Again with the Wheelchair
First the Republicans claimed President Obama’s health care law taxes “sick puppies,” and now Mitt Romney’s campaign claims the law taxes “wheelchairs.” Wrong again.
At issue is a new 2.3 percent excise tax on certain medical devices. The tax is set to kick in next year to help offset the cost of expansion of health coverage for the uninsured in the new health care law. According to the Romney ad, the law will mean “taxing wheelchairs and pacemakers.”