Has The Medical Device Tax Shipped Jobs Overseas and Stunted Innovation?

In this interview on Fox News, Sen. John Barrasso repeated two key talking points of foes of the 2.3 percent excise tax on medical devices, imposed under the Affordable Care Act, aka Obamacare. He repeated the same two points on the Senate floor a few days later. We don’t intend to single out Barrasso, however. Both Republicans and Democrats have echoed similar concerns in the past over the tax and its potential impact on jobs and innovation. Repealing the tax likely will be a priority for the incoming GOP-controlled Congress, which means these claims also are likely to get louder and more repetitive.

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