by: the Common Constitutionalist
Ronald Reagan famously said of the government solution to everything: “If it moves tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.”
Everyone knows if you want less of something, tax it. And that is true not only of goods but also innovation.
Now I hold out very little hope that the next Congress will do anything positive. I think the illegal executive amnesty is a shell game where Congressman and Senators talk tough now but backroom deals have been crafted between the Dems and the Republicans to make it appear that they’re trying to stop our King, but nothing will be done. Yes, I admit, that’s rather cynical. I hope they prove me wrong.
I also have little confidence that anything will be done about Obamacare. However, one thing that could be done now is repeal of the medical device tax. This tax has already done much damage to the industry and it’s just begun.