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Pitts Votes to Repeal Job Destroying Medical Device Tax


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Today, the House of Representatives passed H.R. 436, a bill to repeal the medical device tax, with bipartisan support 270-146. The Affordable Care Act calls for a 2.3 percent excise tax on medical devices to take effect in 2013.

Rep. Pitts' statement follows:

"Today the House united to pass legislation that would protect jobs in the medical device industry. Over 22,000 Pennsylvanians work in this dynamic and innovative field. By some estimates, President Obama's tax on medical devices could reduce employment in the industry by 10 percent.

"Excise taxes are normally used to discourage consumers from buying a product. Placing pacemakers in the same category as tobacco, alcohol and ammunition makes no sense. The last thing this fragile economy needs is a tax that destroys good jobs and puts roadblocks in front of innovation."

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