Medical device tax: Obama's rhetoric incompatible with device tax, Reps say
If President Barack Obama hopes to strengthen small businesses, one of the 1st steps is to repeal the 2.3% medical device sales tax before it takes effect in January, according to Reps. Pat Tiberi (R-Ohio) and Erik Paulsen (R-Minn.).
If President Barack Obama wants to strengthen small businesses, as he said during the Democratic National Convention earlier this month, he'd do well to start by repealing the 2.3% medical device tax contained in his Affordable Care Act, according to Reps. Pat Tiberi (R-Ohio) and Erik Paulsen (R-Minn.).
"The good news is that we already have a dynamic industry that addresses all of the ideas the president touched on,," according to an opinion column written by the Reps for the Newark Advocate. "The bad news is that one of President Barack Obama's own policies is a major roadblock for the industry's continued success."