Industry Groups Tag-Team To Attack Device Tax
This article was originally published in The Gray Sheet
Executive Summary
AdvaMed and MDMA simultaneously released survey results from their member companies arguing the tax has hurt jobs and investment in the industry and will continue to do so if it is not repealed.
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AdvaMed and MDMA, two rivaling lobby groups, have again come together against a common enemy: the Obamacare medical device excise tax. The groups simultaneously released survey results that argue that permanently repealing the tax would be a boon for their member companies and innovation.
Large Device Firms Thrive, Smaller Ones Dive, Post-Device Tax, GAO Says
Large device firms have thrived since the Affordable Care Act implementation applied a 2.3 percent excise tax to their sales, but medium- and small-size firms did less well, says a July 30 General Accountability Office report. But GAO did not draw a causal link between ACA, the tax, and profits.
House Votes To Repeal Device Tax, Again
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