Medical device tax: House Ways & Means considers arguments for repeal

March 5, 2013 by Arezu Sarvestani

Medical device tax repeal advocates return to the House Ways & Means Committee to jump-start a new effort to take down the Obamacare levy.

MassDevice.com coverage of the medical device tax

Opponents of the medical device tax returned this week to the House Ways & Means Committee to decry the 2.3% levy imposed by the Affordable Care Act.

In opening remarks for today's hearing, Rep. Charles Boustany (R-La.) called the device tax "particularly destructive," blaming the levy for workforce cuts and delays in new product development.

Boustany appeared to agree with previous comments made by medical device makers, putting repeal of the medical device tax in the context of a larger tax reform measure. He put other healthcare reform taxes in the same boat, with their best chance of repeal tied to comprehensive corporate tax reforms.

Sign up to get our free newsletters delivered right to your inbox.

"Any tax measures will be considered, most likely, in the context of fundamental tax reform," Boustany told reporters after today's hearing, Healthwatch reported.

Medical device representatives attending the hearing urged Congress to repeal the tax, warning that "is threatening America's leadership position."

Comments