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Device Tax: We Need Action by Summer, Paulsen Says

Mon, 02/04/2013 - 3:43pm
Mass Device

Medical device industry advocate Rep. Erik Paulsen (R-Minn.) says Congress needs to act on the medical device tax by "late spring, early summer" this year.

Capitol Hill

Rep. Erik Paulsen (R-Minn.), an unrelenting opponent of the medical device tax that took effect at the start of the year, still sees avenues for repeal tied to larger discussions of corporate tax reform.

The tax is especially significant to Paulsen's hometown, which houses some of the largest medical device makers in the industry, including Medtronic (NYSE:MDT) and St. Jude Medical (NYSE:STJ), but the Congressman was more concerned about the little players in an on-air interview.

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