{"id":16651,"date":"2012-12-06T04:55:40","date_gmt":"2012-12-06T09:55:40","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=16651"},"modified":"2012-12-06T04:55:40","modified_gmt":"2012-12-06T09:55:40","slug":"prisoners-of-our-own-device-tax","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/16651\/prisoners-of-our-own-device-tax\/","title":{"rendered":"Prisoners of Our Own Device Tax"},"content":{"rendered":"<p>The IRS has<a href=\"http:\/\/www.reuters.com\/article\/2012\/12\/05\/us-usa-tax-irs-idUSBRE8B41GW20121205\" target=\"_blank\"> finalized rules<\/a> for the<a href=\"http:\/\/www.usatoday.com\/story\/opinion\/2012\/11\/02\/obamacare-election-medical-device-tax\/1675093\/\" target=\"_blank\"> medical device tax <\/a>that goes into effect in just a few short weeks. Need a pacemaker? Pay a tax. Develop a life-saving device for a very small segment of the population, so there can be achieved no economies of scale? Tough toenails: The device tax on gross sales means you can&#8217;t afford to produce the devices &#8212; which means the would-be patients will die.<\/p>\n<p>As I wrote<a href=\"http:\/\/cfif.org\/v\/index.php\/commentary\/54-state-of-affairs\/1608-a-full-drawer-of-untapped-issues\" target=\"_blank\"> here<\/a> (I hereby acknowledge a mistake: prosthetic limbs are not covered by the tax), &#8220;<span style=\"color: #333333; font-family: Helvetica, Arial, FreeSans, sans-serif; font-size: 12px; line-height: 16px;\">what could be an easier campaign issue?&#8221; Yet, in perhaps the biggest example of campaign malpractice from an idiotic campaign guilty of many gross examples of malpractice, the Romney campaign never even tried to make a major issue of the device tax. Every time I think about it, I clench my teeth and want to start throwing heavy objects across the room. Failure to use issues like this has relegated this nation I \u00a0love to four more years of the most dangerous president in U.S. history. Mitt Romney and his top aides should slink away in shame.<\/span><\/p>\n<p><span style=\"color: #333333; font-family: Helvetica, Arial, FreeSans, sans-serif; font-size: 12px; line-height: 16px;\">But I digress. One way or another, people in both chambers in Congress ought to get serious and, no matter what else they do, repeal this dreadful tax. Lives depend on it.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IRS has finalized rules for the medical device tax that goes into effect in just a few short weeks. Need a pacemaker? Pay a tax. Develop a life-saving device for a very small segment of the population, so there can be achieved no economies of scale? Tough toenails: The device tax on gross sales [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3957,24,3026],"class_list":["post-16651","post","type-post","status-publish","format-standard","hentry","category-posts","tag-device-tax","tag-obama","tag-romney"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/16651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=16651"}],"version-history":[{"count":1,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/16651\/revisions"}],"predecessor-version":[{"id":16652,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/16651\/revisions\/16652"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=16651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=16651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=16651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}