ACA’s 2013 Medical Device Tax Has Already Killed Jobs, Expansion Plans

The Patient Protection and Affordable Care Act (ACA) includes a new 2.3 percent tax on the U.S. sale of medical devices beginning in 2013. The tax was included to raise $20 billion in revenue to partially offset the cost of the new $1 trillion health program. The 2.3 percent tax is imposed on revenue, not profits, so that the tax applies to devices regardless if they are sold at a loss.
MedCity News