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Large Device Firms Thrive, Smaller Ones Dive, Post-Device Tax, GAO Says

This article was originally published in The Gray Sheet

Executive Summary

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.

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