House Speaker John Boehner exaggerated when he said the 2.3 percent medical device excise tax in the Affordable Care Act “is costing us tens of thousands of jobs that are being shipped overseas.”
medical device tax
Q: Does the health care law contain a “hidden” tax on hunting and fishing equipment?
A: No. There is a 2.3 percent excise tax on certain medical devices. Cabela’s, a Nebraska sporting goods company, applied the tax to some of its customers’ purchases by mistake.
First the Republicans claimed President Obama’s health care law taxes “sick puppies,” and now Mitt Romney’s campaign claims the law taxes “wheelchairs.” Wrong again. At issue is a new 2.3 [...]