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alp227

(31,961 posts)
Thu May 31, 2012, 12:07 AM May 2012

Medical device tax repeal bill gains some ground

Source: Washington Post

Makers of medical devices are gaining some momentum in a vigorous campaign to persuade Congress to scrap a tax imposed on their industry by the 2010 health-care law.

A bill to void the tax sponsored by Rep. Erik Paulsen (R-Minn.) will be marked up in the House Ways and Means Committee Thursday. Republican House leaders say a floor vote could be scheduled as soon as next week.

Congress already has scotched other segments of the law through bipartisan votes — including a provision that would have expanded the range of purchases that businesses must report to the Internal Revenue Service and a “glitch” that would have allowed up to three million middle-class Americans to enroll in Medicaid.

It is still unclear if the medical device tax will prove the next example. Republicans have seized on the issue as a political weapon, pointing to it as the latest evidence that President Obama’s signature health-care initiative is a jobs killer. But the repeal bill’s 239 co-sponsors include 11 Democrats. Also expressing support are the two Democratic senators from Minnesota, one of at least eight states where the industry is strong.

Read more: http://www.washingtonpost.com/national/health-science/medical-device-tax-repeal-bill-gains-some-ground/2012/05/30/gJQAH3Zv2U_singlePage.html

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Medical device tax repeal bill gains some ground (Original Post) alp227 May 2012 OP
If SCOTUS doesn't can it SoutherDem May 2012 #1
yet another "citizen" who doesn't want to pay their fair share of taxes SemperEadem May 2012 #2
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