Device Tax News Today

Obamacare’s tax increases will have painful impacts on the economy and job creation.

Let me go to the panel. thank you, hallie, garrett. we have a super sized panel. editor at large at the weekly standard, bill kristol. hugh hewitt. host of saturday mornings on msnbc. maria teresa kumar, msnbc contributor. if we dont have a plan, we dont know what theyre going to vote on and they dont have a plan that has enough votes, what are they doing? >> well, i think theyre going to get to the bare minimum that they can agree 50 votes on, that will include repeal of the individual mandate....

Are closer to the state legislators and local officials and they can try to make change there. >> so, the issue again, that ive been trying to get at, maybe you dont have an answer because it wasnt in the house bill. there were roll backs by the way on the taxes on the wealthy in the obamacare taxes that have been imposed on high earners in the house bill. the senate makes some of those refunds -- those return of those taxes retroactive. how do you sell that to your constituents? >> well, the th...

Talk about the individual mandate tax removed. steve: gone. >> corporate man democrat removed. steve: gone. >> device tax. list in tiny font we h almost a trillion dollars. ainsley: 12 different tax cuts. so, if you didnt like obamacare because it was not affordable, now, according to republicans, its going to be much more affordable because all these taxes that went along with obamacare gone. pete: if you voted for president trump, even if you didnt, this is the guy you thought you were going t...

Getting subsidies. >> they are in late middle age. part of the problem is, republicans were disunified about their priorities. that throws the power to democrats. >> they couldnt get 218 republican votes to pass the budget. >> or 60 votes in the senate. it will probably avoid some sort of crisis. >> what about the obamacare? some people say its a tax on insurers and medical devices and on high-value health care plans, so-called cadillac tax. these are delayed now. some republicans are saying, lo...

Hear? >> in terms of -- its interesting because hes going to four states. maryland, pennsylvania, wisconsin, tennessee. when you take a look at those four states, eight senators, four republicans, four democrats, all of them want to repeal the medical device tax. those jobs are going overseas. as a doctor innovation is critical. the president should call each of those eight up and say ill sign to repeal that device tax. >> it sounds like over on the house side they are getting close to a comprom...

>> that is what is lacking at the federal level is a oneness by all parties to try to do that, to seek higher standards for insurance so that its worthy of the name health insurance. i mean, its easy to him co up with a policy that doesnt cover anything and it will be cheaper and whats lacking is this determination, with everyone thats covered and you had that in massachusetts by all parties and the funding you didnt have to have a device tax or other taxes. sure, you were getting a lot of medic...

Room. but first of all, its great to be with you three gentlemen. but where the device tax comes in, i mean there was a compromise to be had there. even the white house. but compromise is a bad word. people here, particularly people that hate government dont want to come out with a solution. you know? theyre hating government. >> the compromise, the thing i found so striking about this is that we were having this grand ideological fight that was basically going to have nothing to do with anythin...

But where the device tax comes in, i mean, there was a compromise to be had there. even the white house. but compromise is a bad word. people here, particularly people that hate government, dont want to come out with a solution. you know? theyre hating government. >> the compromise, the thing i found so striking about this is that we were having this grand ideological fight that was basically going to have nothing to do with anything that american people actually care about, which is the medical...

Be with you three gentlemen. but where the device tax comes in, i mean there was a compromise to be had there. even the white house. but compromise is a bad word. people here, particularly people that hate government dont want to come out with a solution. you know? theyre hating government. >> the compromise, the thing i found so striking about this is that we were having this grand ideological fight that was basically going to have nothing to do with anything that american people actually care ...