Re: The Sad Case of the Patient Protection and Affordable Care Act
One of the most unfortunate elements of PPACA (which I notice the Romney campaign is now highlighting) is the "medical devices tax."
You wonder what the staffers who came up with this nugget were thinking. Are they unaware of even the most basic elements of human behavior?
If you want more of something you lower its price, if you want less of something you raise its price.
Why would anyone ever think of adding a special tax on medical devices when we want to reduce healthcare costs, not increase them? when we want to reward innovation, not stifle it?
One of the most unfortunate elements of PPACA (which I notice the Romney campaign is now highlighting) is the "medical devices tax."
You wonder what the staffers who came up with this nugget were thinking. Are they unaware of even the most basic elements of human behavior?
If you want more of something you lower its price, if you want less of something you raise its price.
Why would anyone ever think of adding a special tax on medical devices when we want to reduce healthcare costs, not increase them? when we want to reward innovation, not stifle it?