‘Seeing’ Red at Reconciliation over Medicine Cabinet Tax. John Berlau at Big Government.
The painful reality. Over the counter medications that people have relied upon for years for small things that ail us all from time to time, will now be taxed.
“They won’t be so opposed to it once they see what’s in it.” That’s the rationalization House leaders gave skittish Democrats to get them to walk the plank on Obamacare Sunday night.
But one of the first things millions of Americans will “see” is an effective 40 percent tax hike on the over-the-counter medicines – from an antihistamine such as Claritin for allergies, pain relief medicine such as Tylenol or Excedrin, Pedialyte to prevent their kids from becoming dehydrated when they are sick, and even prenatal vitamins if they are expecting another one.
Open up those purse strings folks. The government has to make money to pay for all the newly insured. Even if it means taxing those with the greatest need, on the smallest of items that help make life a little bit easier health wise.
Read the list of many of the OTC medications that will betaxed here at Over-The-Counter (OTC) Drugs FSA Guide.
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Quipster 