EagleTribune.com, North Andover, MA

Business

December 30, 2012

Medical device makers: Jan. 1 tax could cost jobs

(Continued)

“They are not using coronary stents. They are not having their hips replaced, or their knees replaced,” Sommer said. “They’re not having the large number of procedures that older people do.”

Industry officials add there is no evidence the 2006 universal health care law in Massachusetts, which served as a model for the national plan, led to an increase in sales in the Bay State.

“For us, this isn’t a health care policy issue ... this is fundamentally an issue of corporate taxation,” said J.C. Scott, chief lobbyist for the Advanced Medical Technology Association. “If Congress intends to have a conversation around corporate tax reform, we think this should be a central component.”

Text Only | Photo Reprints
Business

Financial News
Stocks
Photos of the Week