Posts Tagged tax

Device tax could cost 165,000 jobs, according to medtech survey

Wednesday, February 19th, 2014 | Permalink

The medical device excise tax has already cost approximately 33,000 jobs and ultimately could eliminate as many as 165,000 jobs, according to a new survey conducted by US medtech lobbying association AdvaMed . Tagging Options Domain:  All Sites Keywords:  Media and Associations read more

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Device tax could cost 165,000 jobs, according to medtech survey

Opinion: Problems with California’s new injection molding baseline

Friday, July 19th, 2013 | Permalink

For the past 11 years I have filed for utility incentives for injection molders. These incentives urge molders to replace old inefficient machines on their floor with newer more efficient machines. The basis for the incentives has been measured energy savings for one year. Typically the incentive amounts to 10% of the cost of the new machine.  Tagging Options Domain:  All Sites Issue Date:  PT – July 2013 Keywords:  injection molding machines Bruce Blau energy efficiency machiney tax incentives read more

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Opinion: Problems with California’s new injection molding baseline

Medical Musings: The latest cliche is ‘near shoring’

Friday, May 10th, 2013 | Permalink

All Sites According to a company with a vested interest in the situation, the newly imposed federal excise tax on medical devices is having an unfortunate consequence–relocation of manufacturing from the United States to Mexico. It’s not a tax dodge–the tax still has to be paid. Moving to Mexico is a way to cut costs, according to an outfit called Co-Production International, a California company that is glad to help companies make the move. read more

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Medical Musings: The latest cliche is ‘near shoring’

Senate Democrats Vote To Repeal Obamacare Tax

Friday, March 22nd, 2013 | Permalink

But that's what happened Thursday night when the Senate voted 79-20 to repeal a 2.3 percent sales tax on medical devices such as catheters, pacemakers and MRI machines, which was intended to help to finance coverage …

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Senate Democrats Vote To Repeal Obamacare Tax

Medtech supports NY effort to repeal device tax

Thursday, March 21st, 2013 | Permalink

All Sites A New York Democratic congressman has introduced a bill to repeal the medical device excise tax that may actually have a chance of passing. The reason: it provides an alternative way to raise the revenue needed to support the Affordable Care Act. read more

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Medtech supports NY effort to repeal device tax