Monday, June 4, 2012

Medical device tax

  • WASHINGTON (AP) — A bill aimed at repealing a tax on the makers of medical equipment is giving its Republican authors an election-season chance to claim they are protecting jobs and cutting taxes.
  • (Salon)
  • Your editorial Improvised Explosive Device Tax (May 29) hits an important nail on the head. The tax on medical devices increases the cost of affordable care and disproportionately affects small-business entities, our job-creation engine.
  • (Wall Street Journal)
  • For an established company like Exactech, an excise tax scheduled to start next year on medical devices could cost more than $3 million and lead to fewer new jobs, CEO Bill Petty says.
  • (Gainesville Sun)
  • WASHINGTON -- A bill sponsored by Republican U.S. Rep. Erik Paulsen to eliminate a planned tax on medical devices like those made by Medtronic and other Minnesota companies has put Democrats on the states congressional delegation in a bind.
  • (Marketplace.publicradio.org)
  • Several of the Affordable Care Acts worst tax increases kick in too, such as the new excise tax on medical devices. The 2.3% levy applies to the sale of everything from cardiac defibrillators to artificial joints to MRI scanners.
  • (Wall Street Journal)
  • BOSTON -- Republicans are seizing on Mays poor jobs numbers to argue for the repeal of a medical-device tax they warn will slow job growth in Massachusetts. Both Jon Golnik, who is challenging U.S. Rep.
  • (Lowell Sun)
  • A controversial health care reform tax due to go into effect next year has become a prominent issue in a number of House and Senate races throughout the country. Beginning next year, the medical device industry will face a 2.
  • (Politico.com)

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