Legislators introduce bill aimed at repealing device tax

02/7/2013 | AuntMinnie.com (free registration)

A bill that would repeal the 2.3% medical device tax has been introduced by Reps. Erik Paulsen, R-Minn., and Ron Kind, D-Wis., along with more than 170 co-sponsors. The legislators said the tax could stymie economic growth and job creation in the medtech sector, which provides more than 400,000 jobs in the U.S. A companion bill is expected to follow in the Senate soon.

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