Look out, Fido! Uncle Sam, er Uncle Obama just raised the price of vet bills.
How? The Heritage Foundation explains:’
According to a rule published Friday by the Internal Revenue Service, some medical devices used in veterinary practices will be hit by Obamacare’s 2.3 percent device tax. Many of their manufacturers are expected to hike prices, meaning higher veterinary costs for the nation’s pet owners.
The tax will not hit devices that are used exclusively for veterinary purposes. But a host of such devices are manufactured for use in both human health care and veterinary practices. Those devices’ manufacturers will have to pay the tax.
In the end, more pet owners will abandon their pets rather than pay high medical bills. Welcome to the dog eat dog world of the Obama administration.