"...Some tax experts say that adding the word â€œgenerallyâ€ may allow for the manufacturers and importers to pass that same 2.3% tax on to consumers through elevated prices at the retail level. At least one source at a major American manufacturer â€” who asked to remain anonymous because theyâ€™re not authorized to speak publicly on the matter â€” said the company will be forced to increase prices.
â€œIf our profit margin is 4%, and weâ€™re hit with an added 2.3% charge by this tax, more than half of our profit is instantly gone,â€ the company source said..."
"...During the deliberations of the 2009 law, the billâ€™s authors envisioned the $29 billion coming from â€œbig companiesâ€ who made or imported the devices. More than one of the medical device manufacturers say that their operating profit margins are so thin, that they have no choice but to pass the cost on to consumers."
It appears that much of the $29 billion will be coming from the pockets of consumers."