Tuesday, June 5, 2012

GOP plays offense in medical device tax fight

WASHINGTON ? A bill aimed at repealing a tax on the makers of medical equipment is giving its Republican authors an election-season chance to claim they are protecting jobs and cutting taxes. At the same time, they're taking a bite out of President Barack Obama's health care law.

GOP leaders plan to push the measure through the House this week. It would repeal a 2.3 percent tax on the makers of medical devices for their U.S. sales.

The tax was enacted as part of the 2010 health care overhaul. It will collect an estimated $29 billion over the next decade ? a small part of the health revamping's cost.

Democrats say the device industry can easily afford the tax and will get millions of new customers from the health law.

dallas cowboys st louis blues rueben randle mike trout ryan broyles jerel worthy alshon jeffery

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.