House punts med device tax until after tax reform is finished

This article was originally published here

Capitol Hill

The US House of Representatives will not be considering the 2.3% medical device tax in its new push for tax reform, promising to attend to them after the reform effort is finished, according to a Washington Examiner report.

Both the medical device tax and taxes on health insurers which were part of Obamacare will be left off the table until after tax reform efforts are finished, according to the report.

House Ways and Means Committee Chair Kevin Brady (R-Texas) said the taxes would be brought up “separately and immediately after conclusion of our tax reform efforts,” according to the Examiner.

The House is hopeful it will pass its tax overhaul by Thanksgiving, with the Ways and Means Committee holding a 4-day hearing to mark up the bill with changes and amendments, according to the report.

In August, a coalition of conservative action groups jumped on the bandwagon for repealing the medical device tax, urging Congressional leaders to scrap the levy.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply