Medical device tax: Still a long way from repeal-massdevice: MASSDEVICE ON CALL — Opponents of the medical device tax notched an important victory when the Senate voted 79-20 last week to strike the 2.3% levy, but repeal efforts have a long way to go. "We need to look at where we can replace the revenue from," Sen. Jeanne Shaheen (D-N.H.) told the Wall Street Journal. Shaheen was 1 of 34 Democrats who voted to repeal the tax, which is expected to generate about $30 billion in revenue over 10 years.
Tuesday, March 26, 2013
Medical device tax: Still a long way from repeal
Medical device tax: Still a long way from repeal-massdevice: MASSDEVICE ON CALL — Opponents of the medical device tax notched an important victory when the Senate voted 79-20 last week to strike the 2.3% levy, but repeal efforts have a long way to go. "We need to look at where we can replace the revenue from," Sen. Jeanne Shaheen (D-N.H.) told the Wall Street Journal. Shaheen was 1 of 34 Democrats who voted to repeal the tax, which is expected to generate about $30 billion in revenue over 10 years.
