Medical Device Tax: Claims vs. Facts
The medical device tax is fundamentally flawed public policy. It is already having a major negative impact on the competitiveness of a vital, world-leading American industry. It slashes current and future manufacturing jobs that our economy badly needs. And it will penalize today’s and tomorrow’s patients by reducing investment in developing new treatments and cures. Proponents of the medical device tax make several claims in support of keeping this flawed policy in place. These claims are misleading and, in some cases, simply false.