The Harsh Realities of the Corporate Income Tax

"Obamacare architect Jonathan Gruber is now famous for saying that ObamaCare would never have passed were it not for the stupidity of American voters. He said that supporters of the bill could not admit that the bill taxed medical insurance premiums because taxpayers would have understood that would lead to higher cost medical insurance. Similarly, supporters could not say they were increasing taxes on prescription drugs and medical devices. Voters would not support the idea of increasing the cost of something they already thought was too expensive. So, Obamacare supporters said they were taxing insurance companies, drug companies and medical device manufacturers."

[American Thinker]