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Medical Excise Tax

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Triple Creek Reaper
Posts: 1909
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(@triple-creek-reaper)
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Joined: 15 years ago

manufacturers say that their operating profit margins are so thin, that they have no choice but to pass the cost on to consumers.

It appears that much of the $29 billion will be coming from the pockets of consumers

Thx for following up on this one, I did not fact check the e-mail I received. Despite the false alarm, I think the above statement is solid. No company in the business of making money is just going to suck up a +/- 2.3% decrease in profit. It's always going to be passed along to the consumer in the cost of higher priced good and services. Nice little consumption tax.

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