As we enter the July 4th weekend, it’s a good time to give thanks for our men and women in uniform who have sacrificed so much so that we can enjoy our freedom.
In a cruel twist, however, it turns out that the new health care program will raise costs for injured soldiers.
From Americans for Tax Reform:
As the nation prepares to celebrate Independence Day with parades and barbecues, America’s veterans face a new tax on prosthetic limbs and other vital medical devices.
The health care overhaul passed by Congress and signed into law by President Obama earlier this year contains a new tax on medical devices such as prosthetic limbs, pacemakers, and wheelchairs. This tax, which its proponents claim will raise $20 billion over the next ten years, contains no exemption for the nation’s 22 million veterans. In fact, Senate Democrats specifically refused to exempt veterans from the tax.
What a way to honor the armed forces, eh? Add this to the list of “why the President’s health care reform was a terrible idea.”