In response to:

Democrat Controlled Senate Votes to Repeal ObamaCare Medical Device Tax

Luscious Lars Wrote: Mar 22, 2013 10:18 AM
you don't understand much about technology companies, do you raul? Most of the big medical device companies do not manufacture their own circuit boards, plastic housings, cables, wires, nuts, bolts, screws, etc, that go into their products. They are not "vertically" integrated. They don't manufacture test equipment, test fixtures, computers, software, and a broad swath of other technologies and components which are required to have a successful end product. All of the companies who supply those things are commonly referred to as "feeder" companies, because the "feed" off of the bigger companies. When the bigger companies begin to struggle economically, what do you suppose happens to the feeder companies, raul? You need to think deeper.

Apparently, the Senate thinks the medical device tax in ObamaCare is a pretty bad idea and voted to repeal it last night.

The Senate overwhelmingly passed a largely symbolic resolution calling for repeal of a 2.3 percent tax on medical device companies on Thursday, as more than 30 Democrats joined Republicans in approving it.

The tax helps to fund President Barack Obama's 2010 healthcare law. It applies to a range of medical products - from bedpans to expensive heart devices - many manufactured in the home states of the senators backing the repeal.

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