In 2013, Get Ready For An ObamaCare Tax Onslaught

At Forbes.com, Grace-Marie Turner summarizes the new taxes imposed by Obamacare: (1) Medical Device Tax; (2) A new Surtax on Investment Income; (3) A new Medicare Tax; (4) The new Flexible Spending Account Tax; (5)ObamaCare also tightens the screws on Itemized Medical Deductions. Continue reading

How the FDA Impedes Innovation

[I]nnovations get better over time. But if you impede the first generation the second generation may never come into existence and, as Mandel notes, no first-generation device could satisfy the FDA’s conditions. It’s like refusing to give the Wright Brothers a license to fly because their first airplane only flew for 59 seconds.