Provision of Obama Care Yields Opposition

Joe Biden und Barack Obama in Springfield, Ill...

Joe Biden und Barack Obama in Springfield, Illinois, right after Biden was formerly introduced by Obama as his running mate (Photo credit: Wikipedia)

Senator candidate for the Democratic Party, Elizabeth Warren who has been a thunderstorm as far as the republican party is concerned, has conveyed dislike of the 2.3 excise tax which is part of Obama Care for medical devices.

According to Joint Committee on Taxation, the tax  will generate $20 billion in revenue over a scope of 10 years.

Warren, who was a National Convention Speaker is not alone in her dislike of the tax;  she and other Democrats are wary that the tax will affect jobs in those states she represents, and where the value of job growth that may be hindered is over $100 billion in 2010 for those workers of medical devices, the Department of Commerce says.

To Read More on the Obama Care Tax: Click here

To see why the Excise Tax should not be repealed: Click here

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s