Device tax will "absolutely, directly, negatively influence job growth"

Device tax will "absolutely, directly, negatively influence job growth" -massdevice: MASSDEVICE ON CALL — The 1st payments for the 2.3% medical device tax which took effect this year are due at the end of the month, and the burden of those new fees will "absolutely, directly, negatively influence job growth," BioMimetic Therapeutics founder Sam Lynch told reporters.""The challenge of the tax is that it's on revenue, not earnings, so for companies that might not be profitable already, it will hit harder," Lynch told the Nashville Biz Blog.