Medical device tax: No time for second-guessing
Medtech industry lobbyists are focused on repealing the 2.3% medical device tax before it takes effect in 2 weeks, encouraging medtech executives, employees and other stakeholders to reach out to local lawmakers.
The medical device industry is 2 weeks away from a much-abhorred 2.3% tax on U.S. sales, but lobbyists remain ever hopeful that they'll win a stay of execution as Congress continues to spar over the fiscal cliff negotiations.
Although Beltway insiders doubt the repeal measure will make it into House speaker John Boehner's (R-Ohio) so-called "Plan B" for avoiding the fiscal cliff, the industry has made "remarkable" progress in raising awareness and spurring action toward repealing the medical device tax, Medical Imaging & Technology Alliance executive director Gail Rodriguez told MassDevice.com.
Asked if she's still confident that Congress will act on the tax before it hits in January, Rodriguez was cautious but resolute.