ObamaCare Levied A New Tax On The 1,900 Medical Device Companies In Ohio
This past weekend, the Dayton Daily News reported that another Ohio-based medical device company is feeling the wrath of a looming tax increase that stems from Sherrod Brown’s $2.5 trillion job-killing healthcare bill.
Mound Laser & Photonics Center, which is based near Dayton, has cited that ObamaCare’s medical device tax – a 2.3 percent tax that is estimated to kill 45,000 jobs nationwide – is hurting their company’s bottom line.
What’s remarkable is that Sherrod Brown knew the tax was a job-killer for the medical device industry, yet he still voted for it.
As the Dayton Daily News reports:
Officials with Mound Laser & Photonics Center claim the uncertainty surrounding the federal health care overhaul and its excise tax on medical devices already is hurting their business … Dr. Larry Dosser, MLPC’s president and CEO, admits he doesn’t know for sure why the backlog developed. But he assigns part of the blame to the health care overhaul, including a 2.3 percent excise tax that he claims is making the United States a less hospitable place for manufacturing. After losing much of the region’s automotive manufacturing base, “now we’re going to lose the medical device manufacturing,” Dosser said. “How much more manufacturing base are we going to lose?” (Ben Sutherly, Controversy rages over medical device tax, Dayton Daily News, 01/28/12)
“Despite knowing that the taxes in ObamaCare would kill jobs in Ohio, Sherrod Brown still voted this massive bill into law,” said National Republican Senatorial Committee (NRSC) spokesman Jahan Wilcox. “With 469,000 unemployed Ohioans, it’s clear the Buckeye State can’t afford the tax-and-spend, job-killing agenda of Sherrod Brown.”