An industry trade group warned of job losses in the medical equipment industry due to an excise tax on medical devices. In a new 30-page report released yesterday by the Advanced Medical Technology Association, the group concluded that a 2.3% tax on medical equipment may lead to the closure of research facilities in several states. The report, released just before the President’s highly anticipated jobs speech, claims the tax could eliminate 43,000 jobs and removed $3.5 billion from local economies.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=147385