WSBT: Indiana Congressman wants to repeal medical device tax
January 06, 2018
MISHAWAKA — Indiana Congressman Luke Messer toured a Mishawaka medical device maker– pushing his effort to repeal a tax that impacts the industry.
He toured Complexus Medical.
Messer wants Congress to repeal the medical device tax that was implemented as part of the Affordable Care Act.
Congress voted to delay the tax for two years but it went back into effect this week.
Messer says it taxes the gross revenue of a company, instead of the company’s profits. He says that’s not fair.
“It drives up the cost of providing medical devices and it makes it harder for America’s medical device businesses to compete with international competitors,” said Rep. Messer.
He says medical device companies employ roughly 16,000 people in Indiana. That’s second in the nation only to California.