Medical Device Tax: A Hat Trick of Futility
Friday, October 3, 2014
Source: Mass Device
The medical device tax is like a bad public school teacher: It's a drain on the system and seemingly impossible to get rid of.
In just 21 months, the 2.3% levy has achieved a unique hat trick of futility. How else could you describe a tax that's highly inefficient, fundamentally ineffective and disproportionately damaging to 1 of the few net exporting industries left in the U.S.?